Duluth Metals Limited Given New C$0.05 Price Target at CIBC (DM)
Equities researchers at CIBC decreased their price objective on shares of Duluth Metals Limited (TSE:DM) from C$0.40 to C$0.05 in a research report issued on Wednesday. CIBC’s target price would suggest a potential downside of 83.33% from the company’s current price.
Duluth Metals Limited (TSE:DM) opened at 0.30 on Wednesday. Duluth Metals Limited has a one year low of $0.40 and a one year high of $1.46. The stock’s 50-day moving average is $0.42 and its 200-day moving average is $0.5.
Duluth Metals Limited (TSE:DM) last released its earnings data on Tuesday, August 26th. The company reported ($0.06) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.07) by $0.01.
Several other analysts have also recently commented on the stock. Analysts at TD Securities cut their price target on shares of Duluth Metals Limited from C$0.85 to C$0.35 in a research note on Friday, August 22nd. Analysts at Raymond James downgraded shares of Duluth Metals Limited to a “market perform” rating in a research note on Wednesday, July 9th.
Duluth Metals Limited is a mineral exploration and development company with a copper nickel platinum group metals deposit located in the Duluth Complex in north eastern Minnesota, United States of America.
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