Raymond James Financial, Inc. Raises Atlantic Gold Corp (AGB) Price Target to C$2.10
Atlantic Gold Corp (CVE:AGB) had its price target increased by equities researchers at Raymond James Financial, Inc. from C$2.00 to C$2.10 in a research report issued on Monday. Raymond James Financial, Inc.’s price target indicates a potential upside of 31.25% from the company’s current price.
Separately, BMO Capital Markets upped their price target on Atlantic Gold Corp from C$2.00 to C$2.20 and gave the stock an “outperform” rating in a report on Tuesday, July 25th.
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In other news, insider Ryan K. Beedie bought 113,100 shares of Atlantic Gold Corp stock in a transaction on Tuesday, July 25th. The stock was acquired at an average price of C$1.42 per share, with a total value of C$160,602.00. Also, insider Ryan K. Beedie bought 17,000 shares of Atlantic Gold Corp stock in a transaction on Tuesday, October 17th. The shares were purchased at an average cost of C$1.55 per share, with a total value of C$26,350.00. Insiders purchased a total of 1,063,300 shares of company stock valued at $1,564,169 in the last ninety days.
Atlantic Gold Corp Company Profile
Atlantic Gold Corporation is a Canada-based exploration and development gold mining company. The Company is focused on advancing the development of its Nova Scotia properties, including its Moose River Consolidated Project (MRC Project), Cochrane Hill and Fifteen Mile Stream gold projects, as well as continuing to review potential acquisitions and investment opportunities.
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