BMO Capital Markets Reiterates Outperform Rating for INV Metals (INV)

INV Metals (TSE:INV)‘s stock had its “outperform” rating reiterated by stock analysts at BMO Capital Markets in a research note issued to investors on Wednesday. They currently have a C$2.00 target price on the stock. BMO Capital Markets’ price target would suggest a potential upside of 316.67% from the company’s previous close.

A number of other brokerages have also commented on INV. Pi Financial decreased their price objective on INV Metals from C$2.05 to C$1.00 in a report on Friday, September 7th. Clarus Securities reiterated a “speculative buy” rating on shares of INV Metals in a research report on Tuesday.

Shares of TSE INV opened at C$0.48 on Wednesday. INV Metals has a one year low of C$0.35 and a one year high of C$0.82.

About INV Metals

INV Metals Inc, a mineral resource company, engages in the acquisition, exploration, and development of precious and base metal projects primarily in Ecuador. The company's principal property is its 100% owned Loma Larga gold property located to the southwest of the city of Cuenca, Ecuador. It also owns 100% interests in exploration concessions, including Las Peñas, Tierras Coloradas, La Rebuscada, and Carolina.

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