Roxgold’s (ROXG) Outperform Rating Reaffirmed at BMO Capital Markets

Roxgold Inc (TSE:ROXG)‘s stock had its “outperform” rating reissued by investment analysts at BMO Capital Markets in a research note issued to investors on Friday. They presently have a C$2.25 target price on the stock. BMO Capital Markets’ target price points to a potential upside of 67.91% from the stock’s current price.

Roxgold (TSE:ROXG) traded down 0.74% during midday trading on Friday, reaching $1.34. The company’s stock had a trading volume of 293,955 shares. Roxgold has a 1-year low of $1.06 and a 1-year high of $1.76. The firm’s market cap is $497.73 billion. The company has a 50 day moving average price of $1.34 and a 200 day moving average price of $1.38.

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Roxgold Company Profile

Roxgold Inc is a Canada-based gold exploration and development company. The Company is engaged in the business of acquiring, exploring and evaluating mineral properties, and developing them through to construction or disposing them when the evaluation is completed. The Company has a development project, the Yaramoko Gold Project, which is located in Burkina Faso, West Africa.

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