Several other research firms have also commented on KRR. Canaccord Genuity Group raised their target price on shares of Karora Resources from C$6.00 to C$6.75 in a report on Wednesday, March 16th. Scotiabank boosted their price objective on shares of Karora Resources from C$6.50 to C$7.25 in a research report on Tuesday. Finally, Cormark downgraded Karora Resources from a “buy” rating to a “market perform” rating in a report on Friday, April 8th.
TSE KRR opened at C$6.68 on Thursday. The company has a current ratio of 1.91, a quick ratio of 1.41 and a debt-to-equity ratio of 16.56. The company has a market cap of C$1.03 billion and a price-to-earnings ratio of 37.11. The company has a 50 day moving average of C$6.21 and a 200-day moving average of C$4.91. Karora Resources has a 1-year low of C$3.03 and a 1-year high of C$7.55.
About Karora Resources (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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