Victoria Gold (OTCMKTS:FTMNF) Raised to “Buy” at Haywood Securities
Victoria Gold (OTCMKTS:FTMNF) was upgraded by equities research analysts at Haywood Securities to a “buy” rating in a note issued to investors on Thursday, TipRanks reports. The firm currently has a $14.50 price target on the stock. Haywood Securities’ price target suggests a potential upside of 55.83% from the company’s current price.
A number of other equities research analysts have also issued reports on FTMNF. National Bank Financial raised Victoria Gold to a “buy” rating and set a $13.50 price target on the stock in a research report on Thursday, April 30th. CIBC increased their price target on Victoria Gold from $14.00 to $15.00 and gave the company an “outperform” rating in a research report on Tuesday. BMO Capital Markets initiated coverage on Victoria Gold in a research report on Friday, June 12th. They issued an “outperform” rating and a $13.50 price target on the stock. Echelon Wealth Partners reaffirmed a “buy” rating and issued a $12.75 price target on shares of Victoria Gold in a research report on Tuesday, March 24th. Finally, TD Securities increased their price target on Victoria Gold from $16.50 to $17.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Six analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of $14.38.
FTMNF opened at $9.31 on Thursday. The stock’s 50-day moving average price is $8.86 and its 200 day moving average price is $7.56. Victoria Gold has a 12-month low of $3.47 and a 12-month high of $10.32.
Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 30 metallic mineral concessions and three materials concessions covering an area of approximately 64,786 hectares located in Southeast Ecuador. It also focuses on advancing the Fruta del Norte gold project that comprises seven concessions covering an area of approximately 5,566 hectares located near the city of Loja in Ecuador.
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