Thesis Gold (CVE:TAU) Shares Up 2.2% – Here’s What Happened

Thesis Gold Inc. (CVE:TAU)’s stock price shot up 2.2% on Friday . The stock traded as high as C$2.30 and last traded at C$2.30. 147,134 shares were traded during mid-day trading, a decline of 72% from the average session volume of 523,235 shares. The stock had previously closed at C$2.25.

Analysts Set New Price Targets

Separately, National Bankshares set a C$3.00 price objective on shares of Thesis Gold and gave the company an “outperform” rating in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, Thesis Gold has a consensus rating of “Strong Buy” and a consensus target price of C$3.00.

Thesis Gold Stock Performance

The firm’s 50-day moving average price is C$1.86 and its two-hundred day moving average price is C$1.46. The stock has a market cap of C$595.99 million, a price-to-earnings ratio of -115.00 and a beta of 1.68.