Reunion Gold (CVE:RGD) Price Target Raised to C$0.72 at Canaccord Genuity Group

Reunion Gold (CVE:RGDGet Free Report) had its target price lifted by Canaccord Genuity Group from C$0.60 to C$0.72 in a research report issued on Wednesday, BayStreet.CA reports. Canaccord Genuity Group’s target price indicates a potential downside of 1.37% from the company’s current price.

Separately, Stifel Nicolaus upped their price objective on shares of Reunion Gold from C$0.70 to C$0.80 in a research note on Friday, April 19th.

Read Our Latest Report on Reunion Gold

Reunion Gold Trading Up 1.4 %

CVE:RGD traded up C$0.01 on Wednesday, reaching C$0.73. The stock had a trading volume of 2,004,425 shares, compared to its average volume of 876,003. The company has a market cap of C$905.20 million, a price-to-earnings ratio of -12.17 and a beta of 1.21. The company has a debt-to-equity ratio of 1.03, a current ratio of 7.80 and a quick ratio of 13.90. The firm’s fifty day moving average is C$0.65 and its two-hundred day moving average is C$0.51. Reunion Gold has a 12-month low of C$0.32 and a 12-month high of C$0.73.

Reunion Gold (CVE:RGDGet Free Report) last posted its quarterly earnings data on Thursday, May 23rd. The mining company reported C($0.01) EPS for the quarter. Equities analysts expect that Reunion Gold will post -0.0197561 EPS for the current fiscal year.

About Reunion Gold

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Reunion Gold Corporation engages in the acquisition, exploration, and development of mineral projects in South America. The companys flagship project is the Oko West project located in Guyana. It also holds interest in other projects located in French Guiana and Suriname. The company was formerly known as New Sleeper Gold Corporation and changed its name to Reunion Gold Corporation in June 2006.

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