BMO Capital Believes Atlantic Gold (AGB) Won’t Stop Here


A Wall Street analyst has provided a review for the Consumer Goods company today, but retained the same rating on the stock. Analyst Andrew Mikitchook from BMO Capital reiterated a Buy rating on Atlantic Gold (AGB), with a C$2.75 price target.

Mikitchook has an average return of 24.4% when recommending Atlantic Gold.

According to TipRanks.com, Mikitchook is ranked #1598 out of 5258 analysts.

Currently, the analyst consensus on Atlantic Gold is a Strong Buy with an average price target of C$2.88, a 26.3% upside from current levels. In a report issued on March 14, Raymond James also maintained a Buy rating on the stock with a C$2.75 price target.

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The company has a one-year high of C$2.38 and a one-year low of C$1.40. Currently, Atlantic Gold has an average volume of 331.6K.

Atlantic Gold Corp. engages in the acquisition, exploration, and development of mineral properties. It holds interest in the Moose River Consolidated Project, Cochrane Hill Project, and Fifteen Mile Stream Project. The company was founded on July 24, 1986 and is headquartered in Vancouver, Canada.

The company’s shares closed on Wednesday at C$2.28, close to its 52-week high of C$2.38.

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