GCM Mining (OTC:TPRFF) Price Target Cut to C$8.75

GCM Mining (OTC:TPRFFGet Rating) had its target price cut by Canaccord Genuity Group from C$10.00 to C$8.75 in a research note published on Monday, The Fly reports.

Shares of TPRFF traded up $0.15 during mid-day trading on Monday, hitting $3.46. 19,200 shares of the company traded hands, compared to its average volume of 58,397. The stock has a 50-day moving average price of $4.37 and a two-hundred day moving average price of $4.26. GCM Mining has a 1 year low of $3.20 and a 1 year high of $4.96.

The business also recently disclosed a dividend, which will be paid on Monday, May 16th. Stockholders of record on Friday, April 29th will be issued a dividend of $0.0119 per share. The ex-dividend date of this dividend is Thursday, April 28th. This represents a dividend yield of 3.07%.

GCM Mining Company Profile (Get Rating)

GCM Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. The company holds interests in the Segovia operations comprising the El Silencio, Providencia, and Sandra K underground mines located in Colombia.

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