RBC Capital Keeps a Buy Rating on Roxgold (ROXG)


Roxgold (ROXG), was revisited by a Wall Street analyst on November 21. Analyst Dan Rollins from RBC Capital rated Roxgold (ROXG) a Buy on November 21, setting a C$1.35 price target.

According to TipRanks.com, Rollins is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -13.9% and a 27.2% success rate. Rollins covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Osisko Gold Royalties Ltd, and Torex Gold Resources Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Roxgold with a C$1.37 average price target.

Roxgold’s market cap is currently C$303.1M and has a P/E ratio of 6.2. The company has a Price to Book ratio of 1.46.

Roxgold, Inc. is a gold exploration and development company. It engages in the acquiring, exploring and evaluating mineral properties and gold projects. The company holds interest in Yaramoko and Solna Projects. Roxgold was founded on November 22, 1983 and is headquartered in Toronto, Canada.

The company’s shares closed on Friday at C$0.81, close to its 52-week low of C$0.77.

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