Inception Mining (IMII) Given a $0.94 Price Target at Fundamental Research
Inception Mining (OTCMKTS:IMII) has been given a $0.94 price objective by equities research analysts at Fundamental Research in a report released on Thursday. The firm currently has a “buy” rating on the stock. Fundamental Research’s target price points to a potential upside of 213.33% from the stock’s previous close.
Shares of Inception Mining (IMII) traded up $0.01 on Thursday, reaching $0.30. The company had a trading volume of 995 shares, compared to its average volume of 1,379. The company has a market cap of $15.31, a P/E ratio of 2.31 and a beta of -0.54. Inception Mining has a 52 week low of $0.11 and a 52 week high of $0.57.
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Inception Mining, Inc is a mining exploration-stage company. The Company is engaged in the acquisition, exploration, and development of mineral properties, primarily for gold, from owned mining properties. The Company is in the exploration stage at U.P. and Burlington Gold Mine (UP & Burlington). UP & Burlington consists of approximately two Federal patented mining claims located near Salmon, Idaho.
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