Excelsior Mining (OTC:EXMGF) Price Target Lowered to C$0.35 at Scotiabank

Excelsior Mining (OTC:EXMGF – Get Rating) had its target price reduced by Scotiabank from C$0.50 to C$0.35 in a report released on Friday, The Fly reports.

Shares of EXMGF stock traded up $0.02 during midday trading on Friday, reaching $0.20. 39,000 shares of the company were exchanged, compared to its average volume of 55,841. The business has a 50 day simple moving average of $0.27. Excelsior Mining has a 12 month low of $0.18 and a 12 month high of $0.60.

About Excelsior Mining (Get Rating)

Excelsior Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of copper mineral properties in the United States and Canada. The company explores for copper oxide and sulfide mineralization with associated molybdenum. It holds a 100% interest in the Gunnison copper project covering an area of approximately 9,560 acres located in Cochise County, Arizona; and the Johnson Camp Mine located in Arizona.

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