Eight Capital Raises INV Metals Inc (INV) Price Target to C$1.60

INV Metals Inc (TSE:INV) had its target price hoisted by investment analysts at Eight Capital to C$1.60 in a report released on Friday. The brokerage currently has a “buy” rating on the stock. Eight Capital’s price objective would suggest a potential upside of 90.48% from the stock’s previous close.

Separately, BMO Capital Markets reaffirmed an “outperform” rating and set a C$2.00 price objective on shares of INV Metals in a research note on Friday, June 16th.

Shares of INV Metals (TSE INV) traded down 1.18% during trading on Friday, reaching $0.84. The company’s stock had a trading volume of 8,500 shares. The stock’s market capitalization is $78.11 million. The company’s 50-day moving average price is $0.90 and its 200 day moving average price is $0.90. INV Metals has a 1-year low of $0.62 and a 1-year high of $1.13.

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INV Metals Company Profile

INV Metals Inc (INV Metals) is a Canada-based international mineral resource company. The Company is focused on the acquisition, exploration and development of base and precious metals projects across the world. It manages its business and explorations activities through its segments, including Canada, Ecuador, Namibia and Barbados.

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