Victoria Gold (OTCMKTS:FTMNF) was downgraded by equities researchers at National Bank Financial to a “hold” rating in a research report issued to clients and investors on Wednesday, TipRanks reports. They currently have a $11.00 price target on the stock. National Bank Financial’s target price suggests a potential upside of 80.62% from the company’s previous close.
Several other analysts also recently issued reports on the company. CIBC raised Victoria Gold to a “buy” rating and set a $13.00 price target on the stock in a research note on Thursday, February 13th. Echelon Wealth Partners reissued a “buy” rating and issued a $12.75 price target on shares of Victoria Gold in a research note on Tuesday.
FTMNF opened at $6.09 on Wednesday. The firm has a 50-day moving average price of $7.47. Victoria Gold has a 1 year low of $3.47 and a 1 year high of $10.32.
About Victoria Gold
Lundin Gold Inc operates as a mining company in Canada. The company holds interests in 30 mining concessions covering an area of approximately 64,406 hectares located in Southeast Ecuador. It primarily focuses on advancing the Fruta del Norte gold project that comprises 6 concessions covering an area of approximately 5,039 hectares located near the city of Loja in Ecuador.
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