Troilus Gold (CVE:TLG) Price Target Raised to C$4.80 at ATB Cormark Capital Markets

Troilus Gold (CVE:TLG) had its target price lifted by stock analysts at ATB Cormark Capital Markets from C$4.00 to C$4.80 in a research report issued on Thursday, BayStreet reports. The brokerage currently has a “top pick” rating on the stock. ATB Cormark Capital Markets’ price objective suggests a potential upside of 478.31% from the stock’s current price.

Separately, Ventum Financial upped their price objective on shares of Troilus Gold from C$4.00 to C$4.50 and gave the company a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the stock has an average rating of “Strong Buy” and an average price target of C$4.65.

Troilus Gold Trading Up 18.6%

Shares of CVE:TLG traded up C$0.13 during midday trading on Thursday, reaching C$0.83. The company had a trading volume of 852 shares, compared to its average volume of 23,745. The company has a fifty day simple moving average of C$0.83 and a two-hundred day simple moving average of C$0.83. The firm has a market cap of C$40.45 million and a price-to-earnings ratio of -0.91. Troilus Gold has a 1-year low of C$0.70 and a 1-year high of C$2.25. The company has a debt-to-equity ratio of 2.23, a quick ratio of 7.28 and a current ratio of 7.43.

Troilus Gold Company Profile

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec. Troilus Gold Corp. is headquartered in Toronto, Canada.