Canaccord Genuity Trims Rye Patch Gold (RPM) Target Price to C$2.00

Rye Patch Gold (CVE:RPM) had its target price dropped by analysts at Canaccord Genuity from C$2.50 to C$2.00 in a research report issued to clients and investors on Monday. Canaccord Genuity’s target price points to a potential upside of 58.73% from the stock’s previous close.

Shares of Rye Patch Gold (RPM) traded up C$0.07 during mid-day trading on Monday, reaching C$1.26. 14,207 shares of the company’s stock were exchanged, compared to its average volume of 148,981. The firm has a market capitalization of $78.20, a PE ratio of -14.00 and a beta of -0.14. Rye Patch Gold has a 1 year low of C$1.17 and a 1 year high of C$2.37.

Rye Patch Gold (CVE:RPM) last announced its quarterly earnings results on Monday, November 27th. The company reported C($0.01) earnings per share for the quarter. Rye Patch Gold had a negative net margin of 376.98% and a negative return on equity of 21.55%.

ILLEGAL ACTIVITY NOTICE: “Canaccord Genuity Trims Rye Patch Gold (RPM) Target Price to C$2.00” was originally posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another website, it was stolen and republished in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/02/12/canaccord-genuity-trims-rye-patch-gold-rpm-target-price-to-c2-00.html.

About Rye Patch Gold

Rye Patch Gold Corp. is an exploration-stage company engaged in the acquisition, exploration and development of mineral properties in Nevada, the United States through its subsidiary, Rye Patch Gold US Inc The Company’s activities are focused on over two geological trends in Nevada, including Oreana Trend and Cortez Trend.

Receive News & Ratings for Rye Patch Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rye Patch Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply