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Romarco Minerals (TSE:R) was upgraded by equities researchers at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued on Friday.

Romarco Minerals (TSE:R) traded up 4.60% during mid-day trading on Friday, hitting $0.91. The stock had a trading volume of 4,725,473 shares. Romarco Minerals has a one year low of $0.35 and a one year high of $0.99. The stock’s 50-day moving average is $0. and its 200-day moving average is $0.74. The company’s market cap is $600.2 million.

A number of other firms have also recently commented on R. Analysts at Desjardins raised their price target on shares of Romarco Minerals from C$1.00 to C$1.10 in a research note on Monday. They now have a “buy” rating on the stock. Analysts at National Bank Financial raised their price target on shares of Romarco Minerals from C$0.85 to C$1.00 in a research note on Monday, April 28th.

Romarco Minerals Inc (TSE:R) is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties.

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