AuRico Metals (AMI) Price Target Lowered to C$1.00 at National Bank Financial
AuRico Metals (TSE:AMI) had its price target decreased by equities researchers at National Bank Financial from C$1.80 to C$1.00 in a research note issued to investors on Tuesday. National Bank Financial’s price target indicates a potential downside of 44.44% from the company’s previous close.
Shares of AuRico Metals (AMI) remained flat at $C$1.80 on Tuesday. 32,219 shares of the company’s stock traded hands, compared to its average volume of 454,273. The stock has a market capitalization of $289.27 and a P/E ratio of -180.00. AuRico Metals has a 12-month low of C$0.96 and a 12-month high of C$1.80.
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AuRico Metals Company Profile
AuRico Metals Inc operates as a mining development and royalty company in Canada and Australia. It owns 100% interest in the Kemess property, a gold-copper project located in British Columbia, Canada. The company also has 1.5% net smelter return (NSR) royalty interest on the Young-Davidson mine, 0.25% NSR royalty on the Williams mine, 0.5% NSR royalty on the Eagle River mine, 0.98% NSR royalty on the GJ project, and 1% NSR royalty on various early stage properties in the Red Lake district, Canada; and 2% NSR royalty on the Fosterville mine and 1% NSR royalty on the Stawell mine located in Victoria, Australia.
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