Raymond James Remains a Buy on Atlantic Gold (AGB)


Today, an analyst has provided a rating update for Atlantic Gold (AGB). Analyst Tara Hassan from Raymond James reiterated a Buy rating, with a C$2.50 price target.

Hassan has an average return of 32.9% when recommending Atlantic Gold.

According to TipRanks.com, Hassan is ranked #1326 out of 5228 analysts.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atlantic Gold with a C$2.81 average price target.

Atlantic Gold’s market cap is currently C$506.4M and has a P/E ratio of 30.3. The company has a Price to Book ratio of 3.55.

Atlantic Gold Corp. engages in the acquisition, exploration, and development of mineral properties. It holds interest in the Moose River Consolidated Project, Cochrane Hill Project, and Fifteen Mile Stream Project. The company was founded on July 24, 1986 and is headquartered in Vancouver, Canada.

The company’s shares closed on Wednesday at C$2.08.