GMP FirstEnergy Thinks Leagold Mining Corporation’s Stock is Going to Recover


A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Stephen Harris from GMP FirstEnergy reiterated a Buy rating on Leagold Mining Corporation (LMC), with a C$3.50 price target.

According to TipRanks.com, Harris is ranked #1341 out of 5129 analysts.

Currently, the analyst consensus on Leagold Mining Corporation is a Strong Buy with an average price target of C$3.42.

Leagold Mining Corporation’s market cap is currently C$404.3M and has a P/E ratio of 22.4. The company has a Price to Book ratio of 0.54.

Leagold Mining Corp. engages in the acquisition and development stage projects within Latin America. It focuses on gold assets of Los Filos Mine, and Bermejal Underground Deposit projects. The company was founded on July 7, 1981 and is headquartered in Vancouver, Canada.

The company’s shares closed on Monday at C$1.37, close to its 52-week low of C$1.28.

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