Corvus Gold (KOR) Receives a Buy from H.C. Wainwright


Today, an analyst has provided a rating update for the Materials sector company, Corvus Gold (KOR). Analyst Heiko Ihle from H.C. Wainwright remains bullish on the stock and has a C$4.80 price target.

Ihle said:

“We note that results from the final eight drill holes of the Phase III program are still pending.”

According to TipRanks.com, Ihle is a 1-star analyst with an average return of -1.5% and a 43.4% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Golden Star Resources Ltd, and Northern Dynasty Minerals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Corvus Gold with a C$4.80 average price target.

Corvus Gold’s market cap is currently C$244.3M and has a P/E ratio of 0. The company has a Price to Book ratio of 22.56.

Corvus Gold, Inc. mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. The company was founded on April 13, 2010 and is headquartered in Vancouver, Canada.

The company’s shares closed on Tuesday at C$2.19.

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