HC Wainwright Reiterates Buy Rating for AdvisorShares KIM Korea Equity ETF (KOR)

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AdvisorShares KIM Korea Equity ETF (NYSEARCA:KOR)‘s stock had its “buy” rating reiterated by equities research analysts at HC Wainwright in a report released on Friday. They presently have a $3.70 price target on the stock. HC Wainwright’s price objective indicates a potential downside of 86.27% from the company’s current price.

The analysts wrote, “We also note hole ML18-085, which returned 25.9 meters of 1.37 g/t gold.””

Separately, Fundamental Research reaffirmed a “buy” rating and set a $3.14 price objective on shares of AdvisorShares KIM Korea Equity ETF in a report on Thursday, November 22nd.

Shares of NYSEARCA KOR opened at $26.94 on Friday. AdvisorShares KIM Korea Equity ETF has a 1 year low of $26.00 and a 1 year high of $32.69.

AdvisorShares KIM Korea Equity ETF Company Profile

Corvus Gold Inc acquires, explores for, and develops mineral properties primarily in the United States. The company primarily explores for gold, silver, and copper projects. Its principal property includes the North Bullfrog project consisting of patented and unpatented mining claims covering an area of approximately 7,223 hectares located in the Bullfrog Hills of northwestern Nye County, Nevada.

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