Nighthawk Gold (TSE:NHK)‘s stock had its “buy” rating reissued by research analysts at Pi Financial in a research note issued to investors on Wednesday, BayStreet.CA reports. They currently have a C$1.05 price target on the stock. Pi Financial’s price target would suggest a potential upside of 144.19% from the company’s previous close.
Shares of NHK stock opened at C$0.43 on Wednesday. The company has a market capitalization of $80.10 million and a price-to-earnings ratio of -35.83. Nighthawk Gold has a one year low of C$0.31 and a one year high of C$0.73. The company’s 50-day moving average is C$0.39 and its 200 day moving average is C$0.49.
Nighthawk Gold (TSE:NHK) last issued its earnings results on Monday, November 11th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, analysts anticipate that Nighthawk Gold will post -0.0810959 EPS for the current year.
Nighthawk Gold Corp. identifies, acquires, explores, and evaluates gold properties in Canada. It owns a 100% interest in the Indin Lake Gold property covering an area of 222,203 acres located to the north of Yellowknife, the Northwest Territories, as well as Colomac Gold Project. The company was formerly known as Merc International Minerals Inc and changed its name to Nighthawk Gold Corp.
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