Nighthawk Gold (NHK) Rating Increased to Speculative Buy at Canaccord Genuity

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Nighthawk Gold (TSE:NHK) was upgraded by research analysts at Canaccord Genuity from a “hold” rating to a “speculative buy” rating in a research note issued on Monday, September 17th. The firm currently has a C$0.60 target price on the stock, up from their prior target price of C$0.55. Canaccord Genuity’s price target points to a potential upside of 50.00% from the company’s current price.

Shares of TSE NHK remained flat at $C$0.40 during mid-day trading on Monday. The company had a trading volume of 18,400 shares, compared to its average volume of 129,929. Nighthawk Gold has a 52 week low of C$0.29 and a 52 week high of C$0.76.

Nighthawk Gold Company Profile

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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