Raymond James Reaffirms “Outperform” Rating for Roxgold (TSE:ROXG)

Raymond James reaffirmed their outperform rating on shares of Roxgold (TSE:ROXG) in a research note issued to investors on Monday morning, BayStreet.CA reports. They currently have a C$2.15 target price on the stock.

A number of other equities analysts also recently commented on the stock. Royal Bank of Canada reiterated an underperform rating and set a GBX 215 ($2.81) target price on shares of in a research note on Wednesday, June 26th. Eight Capital boosted their target price on shares of Roxgold from C$1.40 to C$1.50 in a research note on Wednesday, March 27th.

Shares of ROXG stock opened at C$1.06 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.35 and a debt-to-equity ratio of 25.97. The stock’s fifty day moving average price is C$1.06. The firm has a market capitalization of $384.70 million and a P/E ratio of 20.38. Roxgold has a 12 month low of C$0.72 and a 12 month high of C$1.15.

Roxgold Company Profile

Roxgold Inc, a gold mining company, engages in acquiring, exploring, and evaluating mineral properties. Its principal asset is the Yaramoko gold project that covers an area of approximately 230 square kilometers located in the Houndé greenstone belt of Burkina Faso, West Africa. The company is headquartered in Toronto, Canada.

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