Radisson Mining Resources (CVE:RDS) Price Target Raised to C$2.45 at ATB Cormark Capital Markets

Radisson Mining Resources (CVE:RDS) had its price target raised by equities research analysts at ATB Cormark Capital Markets from C$2.25 to C$2.45 in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ target price would suggest a potential upside of 92.91% from the stock’s current price.

Radisson Mining Resources Stock Performance

Shares of RDS remained flat at C$1.27 during mid-day trading on Tuesday. The stock had a trading volume of 1,186,253 shares, compared to its average volume of 718,358. The stock has a market capitalization of C$572.05 million, a price-to-earnings ratio of -211.67 and a beta of 1.13. Radisson Mining Resources has a 1-year low of C$0.53 and a 1-year high of C$1.34. The business has a fifty day moving average of C$0.86 and a 200-day moving average of C$0.87. The company has a debt-to-equity ratio of 0.05, a current ratio of 11.57 and a quick ratio of 4.25.

Radisson Mining Resources Company Profile

Radisson Mining Resources Inc, a gold exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the 100% owned O'Brien gold project that comprise 120 claims covering a total area of 5,875 hectares located in the Abitibi Témiscamingue region of Quebec; and the Douay property, which comprising 30 claims covering an area of approximately 1,606 hectares located in the James Bay territory. The company was incorporated in 1983 and is headquartered in Rouyn-Noranda, Canada.