In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Corvis Gold (CORVF), with a price target of C$5.80. The company’s shares closed last Monday at $1.44.
According to TipRanks.com, Ihle is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -4.5% and a 37.4% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and First Majestic Silver.
Currently, the analyst consensus on Corvis Gold is a Moderate Buy with an average price target of $4.37.
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Based on Corvis Gold’s latest earnings release for the quarter ending August 31, the company reported a quarterly GAAP net loss of $2.22 million. In comparison, last year the company had a GAAP net loss of $1.86 million.
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Corvus Gold, Inc. mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. The company was founded on April 13, 2010 and is headquartered in Vancouver, Canada.
