Nighthawk Gold (TSE:NHK) had its target price reduced by Pi Financial from C$5.15 to C$3.00 in a research note issued to investors on Wednesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.
Shares of NHK opened at C$1.79 on Wednesday. The company has a market capitalization of $79.96 million and a PE ratio of -14.21. Nighthawk Gold has a 12 month low of C$0.97 and a 12 month high of C$3.65. The stock’s 50-day moving average price is C$2.19 and its two-hundred day moving average price is C$1.87.
Nighthawk Gold (TSE:NHK) last announced its earnings results on Friday, May 15th. The company reported C($0.02) EPS for the quarter. Equities research analysts forecast that Nighthawk Gold will post -0.41 EPS for the current fiscal year.
About Nighthawk Gold
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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