Karora Resources (OTCMKTS:KRRGF) PT Raised to C$7.25

Karora Resources (OTCMKTS:KRRGF – Get Rating) had its price objective hoisted by Scotiabank from C$6.50 to C$7.25 in a research note issued on Tuesday, The Fly reports.

Other research analysts have also issued research reports about the company. Canaccord Genuity Group increased their price target on Karora Resources from C$6.00 to C$6.75 in a research note on Wednesday, March 16th. Desjardins increased their price target on Karora Resources from C$6.50 to C$6.75 in a research note on Wednesday, March 16th.

Shares of Karora Resources stock traded up $0.02 during trading hours on Tuesday, reaching $5.93. 55,139 shares of the company’s stock were exchanged, compared to its average volume of 89,458. Karora Resources has a 52-week low of $2.35 and a 52-week high of $6.25. The company has a fifty day moving average of $4.81 and a 200-day moving average of $3.88.

Karora Resources Company Profile (Get Rating)

Karora Resources Inc operates as a multi-asset mineral resource company in Australia. The company explores for gold and nickel deposits. It holds 100% interests in the Beta Hunt Gold Mine; the Higginsville Gold Operations; and Spargos Reward Gold Project located in Western Australia. The company was formerly known as Royal Nickel Corporation and changed its name to Karora Resources Inc in June 2020.

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