Reunion Gold (CVE:RGD) PT Raised to C$0.80 at Stifel Nicolaus

Reunion Gold (CVE:RGD) had its price objective boosted by equities researchers at Stifel Nicolaus from C$0.70 to C$0.80 in a report released on Friday, BayStreet.CA reports. Stifel Nicolaus’ price objective points to a potential upside of 60.00% from the stock’s previous close.

Reunion Gold Trading Up 2.0 %

CVE:RGD opened at C$0.50 on Friday. Reunion Gold has a 12 month low of C$0.32 and a 12 month high of C$0.59. The firm has a market cap of C$605 million, a price-to-earnings ratio of -10.00 and a beta of 1.18. The company has a quick ratio of 13.90, a current ratio of 13.72 and a debt-to-equity ratio of 0.74. The company’s 50 day moving average is C$0.44 and its 200-day moving average is C$0.42.

Reunion Gold Company Profile

Reunion Gold Corporation engages in the acquisition, exploration, and development of mineral projects in South America. The companys flagship project is the Oko West project located in Guyana. It also holds interest in other projects located in French Guiana and Suriname. The company was formerly known as New Sleeper Gold Corporation and changed its name to Reunion Gold Corporation in June 2006.