Shore Capital Reaffirms “Not Rated” Rating for SolGold (SOLG)

SolGold (LON:SOLG)‘s stock had its “not rated” rating reiterated by research analysts at Shore Capital in a research report issued on Wednesday.

Separately, National Bank Financial increased their target price on SolGold from $0.75 to $0.80 and gave the stock an “outperform” rating in a research note on Thursday, January 4th.

SolGold (LON SOLG) traded down GBX 0.25 ($0.00) on Wednesday, reaching GBX 22 ($0.30). The company had a trading volume of 1,417,912 shares, compared to its average volume of 2,520,000. SolGold has a 1 year low of GBX 19.73 ($0.27) and a 1 year high of GBX 46.81 ($0.65).

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About SolGold

SolGold Plc is an Australia-based copper, gold exploration and development company. The Company is focused on the riches of the North Andean Copper Belt in Ecuador. The Company has several class intersections of continuous copper and gold mineralization from its flagship project Cascabel. The Company has assets in Ecuador, Solomon Islands and Australia.

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