Corvus Gold (KOR) PT Lowered to C$3.70 at HC Wainwright
Corvus Gold (TSE:KOR) had its price objective cut by analysts at HC Wainwright from C$4.20 to C$3.70 in a report released on Friday. HC Wainwright’s price objective suggests a potential upside of 49.19% from the company’s current price.
Several other equities research analysts also recently weighed in on the company. Fundamental Research increased their price target on Corvus Gold from C$3.18 to C$3.85 and gave the stock a “top pick” rating in a report on Thursday, November 8th. Canaccord Genuity reiterated a “speculative buy” rating and issued a C$3.00 price target on shares of Corvus Gold in a report on Friday, November 30th.
KOR stock traded down C$0.12 during midday trading on Friday, reaching C$2.48. 29,450 shares of the company traded hands, compared to its average volume of 157,039. Corvus Gold has a 52-week low of C$1.40 and a 52-week high of C$3.39.
In other news, insider Carl Brechtel sold 500,000 shares of the stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of C$2.02, for a total value of C$1,010,000.00. Also, Director Edward William Yarrow sold 125,000 shares of the stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of C$2.00, for a total value of C$250,000.00.
Corvus Gold Company Profile
Corvus Gold Inc acquires, explores, and develops mineral properties primarily in the United States. Its principal mineral property is the North Bullfrog Project, a gold-silver mining project that consists of patented and unpatented mining claims covering an area of approximately 7,223 hectares located in northwestern Nye County, Nevada.
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