Canaccord Genuity upgraded shares of Nighthawk Gold (TSE:NHK) from a hold rating to a speculative buy rating in a research report sent to investors on Monday. The brokerage currently has C$0.60 target price on the stock, up from their previous target price of C$0.55.

TSE:NHK opened at C$0.35 on Monday. Nighthawk Gold has a 12 month low of C$0.29 and a 12 month high of C$0.97.

About Nighthawk Gold

Nighthawk Gold Corp. identifies, acquires, explores, and evaluates gold properties in Canada. It owns a 100% interest in the Indin Lake Gold property covering an area of 222,203 acres located to the north of Yellowknife, the Northwest Territories, as well as Colomac Gold Project. The company was formerly known as Merc International Minerals Inc and changed its name to Nighthawk Gold Corp.

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