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Research analysts at TD Securities reduced their price target on shares of New Millennium Iron Corp (TSE:NML) from C$1.40 to C$1.30 in a report released on Monday, Analyst Ratings.Net reports. The firm currently has a “hold” rating on the stock. TD Securities’ price objective points to a potential upside of 103.13% from the stock’s previous close.

Shares of New Millennium Iron Corp (TSE:NML) traded down 1.56% on Monday, hitting $0.63. 75,840 shares of the company’s stock traded hands. New Millennium Iron Corp has a 1-year low of $0.60 and a 1-year high of $1.32. The stock has a 50-day moving average of $0.64 and a 200-day moving average of $0.68.

New Millennium Iron Corp. is engaged in the exploration and evaluation of mineral properties. The Company properties include LabMag property, KeMag property and other properties.

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