In a report released on July 8, Josh Wolfson from RBC Capital maintained a Buy rating on G Mining Ventures, with a price target of C$53.00. The company’s shares closed yesterday at C$39.58.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Wolfson is a 5-star analyst with an average return of 18.5% and a 58.06% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Royal Gold, and Franco-Nevada.
G Mining Ventures has an analyst consensus of Strong Buy, with a price target consensus of C$59.37, representing a 49.99% upside. In a report released on July 5, Jefferies also maintained a Buy rating on the stock with a C$60.00 price target.
GMINF market cap is currently C$9.41B and has a P/E ratio of 20.13.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GMINF in relation to earlier this year.
