BMO Capital Believes Leagold Mining Corporation (TSX: LMC) Won’t Stop Here

Today, an analyst has provided a rating update for Leagold Mining Corporation (LMCResearch Report). BMO Capital’s analyst Ryan Thompson reiterates their Buy rating on the shares, with a C$4.50 price target.

According to TipRanks.com, Thompson is a 4-star analyst with an average return of 8.2% and a 52.3% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as North American Palladium, SilverCrest Metals Inc, and Endeavour Silver Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Leagold Mining Corporation with a C$4.50 average price target.

The company has a one-year high of C$3.07 and a one-year low of C$1.28. Currently, Leagold Mining Corporation has an average volume of 712K.

Leagold Mining Corp. engages in the acquisition and development stage projects within Latin America. It focuses on gold assets of Los Filos Mine, and Bermejal Underground Deposit projects. The company was founded on July 7, 1981 and is headquartered in Vancouver, Canada.

The company’s shares closed last Wednesday at C$2.88, close to its 52-week high of C$3.07.