ATB Cormark Capital Markets Boosts Troilus Gold (CVE:TLG) Price Target to C$4.80

Troilus Gold (CVE:TLG) had its price objective boosted by analysts at ATB Cormark Capital Markets from C$4.00 to C$4.80 in a report released on Thursday, BayStreet reports. The brokerage currently has a “top pick” rating on the stock. ATB Cormark Capital Markets’ price objective indicates a potential upside of 478.31% from the company’s current price.

Separately, Ventum Financial boosted their target price on shares of Troilus Gold from C$4.00 to C$4.50 and gave the stock a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Strong Buy” and a consensus target price of C$4.65.

Troilus Gold Stock Up 18.6%

TLG traded up C$0.13 during midday trading on Thursday, hitting C$0.83. 852 shares of the company’s stock traded hands, compared to its average volume of 23,745. The company has a market cap of C$40.45 million and a PE ratio of -0.91. The stock’s fifty day simple moving average is C$0.83 and its 200-day simple moving average is C$0.83. The company has a debt-to-equity ratio of 2.23, a current ratio of 7.43 and a quick ratio of 7.28. Troilus Gold has a one year low of C$0.70 and a one year high of C$2.25.

Troilus Gold Company Profile

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec. Troilus Gold Corp. is headquartered in Toronto, Canada.