Leagold Mining (TSE:LMC) received a C$5.00 price objective from analysts at Scotiabank in a report issued on Monday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price objective suggests a potential upside of 76.68% from the company’s previous close.
Several other analysts also recently issued reports on the stock. BMO Capital Markets set a C$4.25 price objective on shares of Leagold Mining and gave the company an “outperform” rating in a research report on Monday, January 8th. Clarus Securities reaffirmed a “buy” rating on shares of Leagold Mining in a research report on Friday, November 24th.
Shares of Leagold Mining (LMC) opened at C$2.83 on Monday. Leagold Mining has a 1 year low of C$2.51 and a 1 year high of C$3.48. The stock has a market cap of $427.70, a P/E ratio of -5.34 and a beta of -0.63.
Leagold Mining Corporation engages in the acquisition of gold mining properties and advanced-stage development projects in Latin America. The company was formerly known as HTI Ventures Corp. and changed its name to Leagold Mining Corporation in August 2016. Leagold Mining Corporation is headquartered in Vancouver, Canada.
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