Nemaska Lithium (TSX: NMX), the Materials sector company, has received a rating update from a Wall Street analyst yesterday. BMO Capital’s analyst Joel Jackson reiterates their Buy rating on the shares, with a C$1.45 price target.
According to TipRanks.com, Jackson is a 4-star analyst with an average return of 10.7% and a 66.3% success rate. Jackson covers the Consumer Goods sector, focusing on stocks such as Compass Minerals International Inc, Sociedad Quimica Y Minera SA, and Israel Chemicals.
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Nemaska Lithium has an analyst consensus of Moderate Buy, with a price target consensus of C$1.45.
The company has a one-year high of C$2.44 and a one-year low of C$0.60. Currently, Nemaska Lithium has an average volume of 2.56M.
Nemaska Lithium, Inc. is an exploration company which, engages in the provision of development and exploration of lithium mining properties. It includes producing lithium hydroxide and lithium carbonate. The company was founded on May 16, 2007 and is headquartered in Quebec, Canada.
The company’s shares closed on Thursday at C$0.74, close to its 52-week low of C$0.60.
