Roxgold Inc (ROXG) Given New C$1.95 Price Target at Royal Bank of Canada

Roxgold Inc (TSE:ROXG) had its price target upped by investment analysts at Royal Bank of Canada from C$1.85 to C$1.95 in a note issued to investors on Friday. The firm currently has an “outperform” rating on the stock.

Other analysts have also issued reports about the stock. Raymond James Financial, Inc. set a C$1.95 price target on shares of Roxgold and gave the company an “outperform” rating in a research report on Friday. BMO Capital Markets set a C$2.25 price target on shares of Roxgold and gave the company an “outperform” rating in a research report on Friday.

Roxgold (TSE:ROXG) traded down 0.74% during trading on Friday, reaching $1.34. The company’s stock had a trading volume of 293,955 shares. The company’s market cap is $497.73 billion. Roxgold has a 12 month low of $1.06 and a 12 month high of $1.76. The stock’s 50 day moving average is $1.34 and its 200 day moving average is $1.38.

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About Roxgold

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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