Aurania Resources (ARU), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. The company received a Buy rating from Noble Financial’s analyst Mark Reichman, with a C$4 price target.
According to TipRanks.com, Reichman is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -15.7% and a 18.3% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Great Panther Silver, and Avino Silver & Gold.
Currently, the analyst consensus on Aurania Resources is a Moderate Buy with an average price target of C$4.
The company has a one-year high of C$4.10 and a one-year low of C$1.93. Currently, Aurania Resources has an average volume of 15.41K.
The company’s shares closed on Friday at C$2.90.