Iron Bridge Resources Inc Receives a Buy from Canaccord Genuity


In a latest note to investors, a research analyst has provided a rating update for the NA sector company, Iron Bridge Resources Inc (TSX: IBR). Analyst Anthony Petrucci from Canaccord Genuity reiterated a Buy rating, with a C$0.75 price target today.

According to TipRanks.com, Petrucci is ranked #3524 out of 4800 analysts.

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Iron Bridge Resources Inc has an analyst consensus of Moderate Buy, with a price target consensus of C$0.75.

The company has a one-year high of C$0.81 and a one-year low of C$0.42. Currently, Iron Bridge Resources Inc has an average volume of 144.5K.

Iron Bridge Resources, Inc. engages in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. Its projects include Elmworth Gold Creek, Waskahigan, Grizzly, Kaybob, Gilby, and Pine Creek areas of West Central Alberta. The company was founded on December 03, 2004 and is headquartered in Calgary, Canada.

The company’s shares closed on Tuesday at C$0.49.

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