Lydian International (LYD) Given New C$0.50 Price Target at BMO Capital Markets

Lydian International (TSE:LYD) had its price target cut by BMO Capital Markets from C$0.75 to C$0.50 in a research note released on Wednesday morning.

Other analysts have also issued reports about the stock. Scotiabank cut their price target on shares of Lydian International from C$0.95 to C$0.80 and set an outperform rating on the stock in a research note on Thursday, May 3rd. National Bank Financial cut their price target on shares of Lydian International from C$0.70 to C$0.55 and set an outperform rating on the stock in a research note on Wednesday, May 16th.

Shares of TSE:LYD opened at C$0.37 on Wednesday. Lydian International has a 1 year low of C$0.31 and a 1 year high of C$0.63.

Lydian International Company Profile

Lydian International Limited is a gold-focused mineral development company pursuing resources in emerging and transitional geopolitical regions. The Company’s main project is the Amulsar Gold Project, a gold development-stage project located in the Republic of Armenia. The Company holds a combined exploration-mining license covering an early-stage gold prospect known as the Kela Project in the Guri region of the Ozurgeti province in Georgia.

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