Today, an analyst has provided a rating update for TMAC Resources (TMR). Analyst Raj Ray from Desjardins rated TMAC Resources (TMR) a Buy, setting a C$10 price target.
According to TipRanks.com, Ray is a 4-star analyst with an average return of 14.9% and a 60.0% success rate. Ray covers the Basic Materials sector, focusing on stocks such as Golden Star Resources Ltd, OceanaGold Corporation, and Kirkland Lake Gold Ltd.
Currently, the analyst consensus on TMAC Resources is a Moderate Buy with an average price target of C$7.38.
The company has a one-year high of C$11.50 and a one-year low of C$3.95. Currently, TMAC Resources has an average volume of 61.19K.
TMAC Resources, Inc. engages in the acquisition, exploration, and development of metal resource properties. It focuses on mining the Doris, Madrid, and Boston gold deposit trends located in Hope Bay mineral property in the Kitikmeot Region of Nunavut, Canada.
The company’s shares closed on Monday at C$6.87.
