Roxgold (TSE:ROXG) Price Target Raised to C$1.50

Roxgold (TSE:ROXG) had its target price upped by analysts at Eight Capital from C$1.40 to C$1.50 in a report issued on Wednesday, March 27th, BayStreet.CA reports. Eight Capital’s price target points to a potential upside of 74.42% from the stock’s current price.

Separately, Royal Bank of Canada upped their price target on Roxgold from C$1.35 to C$1.40 in a research report on Thursday, December 13th.

Shares of TSE ROXG traded down C$0.01 during trading on Wednesday, reaching C$0.86. 117,800 shares of the stock traded hands, compared to its average volume of 816,202. Roxgold has a 52-week low of C$0.72 and a 52-week high of C$1.35. The company has a debt-to-equity ratio of 26.27, a current ratio of 1.92 and a quick ratio of 1.63. The stock has a market capitalization of $317.58 million and a PE ratio of 10.75.

Roxgold Company Profile

Roxgold Inc operates as a gold mining company. Its principal asset is the Yaramoko gold project that covers an area of approximately 200 square kilometers located in the Houndé greenstone belt of Burkina Faso, West Africa. The company is headquartered in Toronto, Canada.

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