In a report released yesterday, Paul Hissey from MA Financial Group maintained a Buy rating on Pantoro Gold Limited, with a price target of A$3.60. The company’s shares closed last Friday at A$2.03.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, Hissey is a 5-star analyst with an average return of 27.4% and a 68.33% success rate. Hissey covers the Basic Materials sector, focusing on stocks such as Hillgrove Resources Limited, Greatland Resources, and Carnaby Resources Ltd..
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pantoro Gold Limited with a €2.92 average price target, a 43.84% upside from current levels. In a report released on July 10, UBS also maintained a Buy rating on the stock with a A$3.60 price target.
Based on Pantoro Gold Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$238.6 million and a net profit of A$56.45 million. In comparison, last year the company earned a revenue of A$153.43 million and had a net profit of A$6.62 million
