Thesis Gold (CVE:TAU) Shares Up 2.2% – Here’s Why

Thesis Gold Inc. (CVE:TAU) traded up 2.2% during mid-day trading on Friday . The company traded as high as C$2.30 and last traded at C$2.30. 147,134 shares traded hands during trading, a decline of 72% from the average session volume of 523,235 shares. The stock had previously closed at C$2.25.

Analyst Upgrades and Downgrades

Separately, National Bankshares set a C$3.00 price objective on Thesis Gold and gave the stock an “outperform” rating in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy” and a consensus price target of C$3.00.

Thesis Gold Stock Up 2.2%

The company’s fifty day moving average price is C$1.86 and its two-hundred day moving average price is C$1.46. The firm has a market cap of C$595.99 million, a PE ratio of -115.00 and a beta of 1.68.