Great Bear Resources (GTBAF) Receives a Buy from Canaccord Genuity


Canaccord Genuity analyst Kevin MacKenzie maintained a Buy rating on Great Bear Resources (GTBAF) yesterday and set a price target of C$23.50. The company’s shares closed last Monday at $12.91.

According to TipRanks.com, MacKenzie is a 4-star analyst with an average return of 20.6% and a 46.6% success rate. MacKenzie covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, SilverCrest Metals, and Osisko Development.

Great Bear Resources has an analyst consensus of Strong Buy, with a price target consensus of $21.54.

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The company has a one-year high of $14.62 and a one-year low of $7.46. Currently, Great Bear Resources has an average volume of 22.74K.

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Great Bear Resources Ltd. is a mineral exploration company. It engages in the acquisition, exploration and development of mineral properties. It holds interest in Dixie and West Madsen projects. The company was founded on December 6, 2001 and is headquartered in Vancouver, Canada.

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