Leagold Mining (TSE:LMC) had its target price reduced by research analysts at National Bank Financial from C$3.00 to C$2.75 in a research report issued on Thursday, April 18th, BayStreet.CA reports. National Bank Financial’s price objective would indicate a potential upside of 80.92% from the stock’s previous close. National Bank Financial also issued estimates for Leagold Mining’s Q1 2019 earnings at $0.08 EPS.
Separately, Cormark upped their price objective on shares of Leagold Mining from C$4.10 to C$4.45 in a research note on Thursday, March 14th.
Shares of LMC traded up C$0.10 during mid-day trading on Thursday, reaching C$1.52. 159,900 shares of the stock traded hands, compared to its average volume of 142,832. Leagold Mining has a 1 year low of C$1.28 and a 1 year high of C$3.17. The firm has a market capitalization of $432.81 million and a P/E ratio of 23.03. The company has a debt-to-equity ratio of 41.86, a current ratio of 0.76 and a quick ratio of 0.31.
Leagold Mining Company Profile
Leagold Mining Corporation engages in the acquisition of gold mining properties and other development projects in Latin America. It holds interest in the Los Filos Mine located in Guerrero State, Mexico. The company was formerly known as HTI Ventures Corp. and changed its name to Leagold Mining Corporation in August 2016.
Recommended Story: How to Invest in a Bull Market
Receive News & Ratings for Leagold Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leagold Mining and related companies with MarketBeat.com's FREE daily email newsletter.