Liberum Capital Lowers SolGold (LON:SOLG) Price Target to GBX 65

SolGold (LON:SOLG) had its target price trimmed by Liberum Capital from GBX 69 ($0.90) to GBX 65 ($0.85) in a research report released on Wednesday, October 17th. The firm currently has a buy rating on the stock.

Shares of LON SOLG traded up GBX 1.30 ($0.02) during mid-day trading on Wednesday, reaching GBX 38.50 ($0.50). 895,558 shares of the company were exchanged, compared to its average volume of 2,010,000. SolGold has a 1 year low of GBX 19.73 ($0.26) and a 1 year high of GBX 46.81 ($0.61).

About SolGold

SolGold plc, together with its subsidiaries, engages in the exploration of mineral properties in Ecuador, Australia, and Solomon Islands. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project that covers an area of approximately 50 square kilometers located in Quito, Ecuador.

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