Gold Standard Ventures (TSE:GSV) Coverage Initiated by Analysts at Canaccord Genuity Group

Canaccord Genuity Group initiated coverage on shares of Gold Standard Ventures (TSE:GSV – Get Rating) in a research note released on Tuesday, TipRanks reports. The brokerage issued a buy rating and a C$1.00 price target on the stock.

Separately, National Bank Financial reaffirmed an outperform spec overweight rating on shares of Gold Standard Ventures in a research note on Thursday, April 28th.

GSV stock opened at C$0.44 on Tuesday. Gold Standard Ventures has a 1 year low of C$0.42 and a 1 year high of C$0.79. The company has a market cap of C$157.84 million and a P/E ratio of -14.19. The firm has a 50-day moving average of C$0.56 and a 200 day moving average of C$0.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 10.43 and a quick ratio of 10.11.

Gold Standard Ventures (TSE:GSV – Get Rating) last released its quarterly earnings results on Tuesday, March 29th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, equities research analysts expect that Gold Standard Ventures will post -0.02 earnings per share for the current fiscal year.

In other Gold Standard Ventures news, insider Sun Valley Gold LLC bought 124,414 shares of the firm’s stock in a transaction on Wednesday, April 27th. The stock was acquired at an average price of C$0.51 per share, with a total value of C$63,202.31. Following the completion of the purchase, the insider now owns 49,548,593 shares of the company’s stock, valued at C$25,170,685.24.

About Gold Standard Ventures (Get Rating)

Gold Standard Ventures Corp., an exploration stage company, engages in the development of district-scale and other gold-bearing mineral resource properties in Nevada, the United States. Its flagship property is the Railroad-Pinion project covering an area of approximately 53,570 acres located in the Elko County, Nevada.

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