Koryx Copper (CVE:KRY) Given a C$6.00 Price Target at BMO Capital Markets

Koryx Copper (CVE:KRY) received a C$6.00 price target from equities research analysts at BMO Capital Markets in a report released on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 83.49% from the stock’s current price.

Separately, Stifel Nicolaus lifted their price objective on shares of Koryx Copper from C$4.25 to C$4.50 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$5.25.

Koryx Copper Trading Up 7.2%

Shares of CVE KRY traded up C$0.22 during midday trading on Tuesday, hitting C$3.27. The company’s stock had a trading volume of 148,639 shares, compared to its average volume of 201,652. The firm has a market capitalization of C$397.49 million, a price-to-earnings ratio of -7.79 and a beta of 0.94. The stock has a fifty day moving average price of C$3.23 and a 200 day moving average price of C$3.02. Koryx Copper has a one year low of C$0.96 and a one year high of C$3.90.