BMO Capital Markets Begins Coverage on Great Bear Resources (OTCMKTS:GTBAF)

Share on StockTwits

BMO Capital Markets assumed coverage on shares of Great Bear Resources (OTCMKTS:GTBAF) in a report issued on Tuesday morning, Benzinga reports. The firm issued an outperform rating and a $23.00 target price on the stock.

A number of other equities analysts have also recently commented on the company. Stifel Nicolaus assumed coverage on Great Bear Resources in a report on Thursday, February 4th. They issued a buy rating on the stock. CIBC raised their target price on Great Bear Resources from $22.75 to $27.00 and gave the stock an outperform rating in a report on Wednesday, March 3rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of $20.35.

GTBAF stock opened at $12.20 on Tuesday. Great Bear Resources has a 1 year low of $7.46 and a 1 year high of $14.62. The stock’s fifty day moving average price is $12.31 and its 200-day moving average price is $12.30.

Great Bear Resources Company Profile

Great Bear Resources Ltd. operates as a mineral exploration company in Canada. The company primarily explores for gold. Its flagship property is the Dixie Lake gold project covering an area of 9,140 hectares located in the Red Lake district of Ontario. The company was formerly known as Great Bear Uranium Corp.

See Also: Basic Economics creates winners and losers

Analyst Recommendations for Great Bear Resources (OTCMKTS:GTBAF)

Receive News & Ratings for Great Bear Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Bear Resources and related companies with's FREE daily email newsletter.