Atlantic Gold (AGB) Price Target Increased to C$3.50 by Analysts at Canaccord Genuity

Atlantic Gold (CVE:AGB) had its target price increased by Canaccord Genuity from C$2.25 to C$3.50 in a report released on Monday.

A number of other equities research analysts have also weighed in on the company. National Bank Financial raised their price objective on Atlantic Gold from C$2.40 to C$2.80 in a research note on Friday, January 26th. Desjardins raised their price objective on Atlantic Gold from C$2.25 to C$2.40 in a research note on Friday, February 2nd. BMO Capital Markets lifted their target price on Atlantic Gold from C$2.20 to C$2.40 and gave the stock an outperform rating in a research report on Thursday, February 1st. Finally, Beacon Securities reiterated a buy rating on shares of Atlantic Gold in a research report on Wednesday, March 28th. Four research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and an average target price of C$2.64.

Shares of CVE AGB opened at C$1.90 on Monday. Atlantic Gold has a fifty-two week low of C$1.30 and a fifty-two week high of C$1.97.

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Atlantic Gold Company Profile

Atlantic Gold Corporation engages in the acquisition, exploration, and development of gold properties in Canada. Its principal project is the Touquoy Gold Project that covers an area of approximately 1,760 hectares located in Nova Scotia. The company was formerly known as Spur Ventures Inc and changed its name to Atlantic Gold Corporation in August 2014.

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