Victoria Gold (OTCMKTS:FTMNF) was downgraded by equities researchers at National Bank Financial to a “hold” rating in a research report issued on Wednesday, TipRanks reports. They currently have a $11.00 price target on the stock. National Bank Financial’s target price points to a potential upside of 80.62% from the company’s previous close.
A number of other equities research analysts also recently commented on the company. CIBC upgraded Victoria Gold to a “buy” rating and set a $13.00 price objective for the company in a report on Thursday, February 13th. Echelon Wealth Partners reiterated a “buy” rating and issued a $12.75 price objective on shares of Victoria Gold in a report on Tuesday.
Shares of FTMNF stock traded down $0.09 on Wednesday, reaching $6.09. 34,252 shares of the stock were exchanged, compared to its average volume of 26,908. Victoria Gold has a one year low of $3.47 and a one year high of $10.32. The firm’s 50 day moving average price is $7.47.
Victoria Gold Company Profile
Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 30 mining concessions covering an area of approximately 64,406 hectares located in Southeast Ecuador. It primarily focuses on advancing the Fruta del Norte gold project that comprises 6 concessions covering an area of approximately 5,039 hectares located near the city of Loja in Ecuador.
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