Troilus Gold Corp (TLG), the Materials sector company, has received a rating update from a Wall Street analyst today. Analyst Raj Ray from Desjardins reiterated a Buy rating, with a C$1.75 price target.
According to TipRanks.com, Ray is a 4-star analyst with an average return of 7.9% and a 62.7% success rate. Ray covers the Basic Materials sector, focusing on stocks such as OceanaGold Corporation, SilverCrest Metals Inc, and Kirkland Lake Gold Ltd.
Troilus Gold Corp has an analyst consensus of Moderate Buy, with a price target consensus of C$1.75.
Troilus Gold Corp’s market cap is currently C$29.24M and has a P/E ratio of 0. The company has a Price to Book ratio of 2.08.
Troilus Gold Corp. is a development-stage mineral exploration company. It focuses on further exploration and development of the Troilus Project. The company was founded on March 7, 2016 and is headquartered in Toronto, Canada.
The company’s shares closed on Tuesday at C$0.60, close to its 52-week low of C$0.40.
