Laurentian Lowers GoldMining (CVE:GOLD) Price Target to C$4.70

GoldMining (CVE:GOLDGet Rating) had its price objective dropped by Laurentian from C$5.00 to C$4.70 in a report issued on Thursday, BayStreet.CA reports. Laurentian’s target price suggests a potential upside of 422.22% from the stock’s previous close.

Several other equities analysts also recently commented on the stock. Stifel Nicolaus increased their target price on shares of GoldMining from C$29.00 to C$30.00 in a research report on Thursday, April 20th. National Bank Financial boosted their target price on shares of GoldMining from C$28.00 to C$32.00 in a research report on Tuesday, April 18th.

GoldMining Price Performance

GoldMining stock opened at C$0.90 on Thursday. GoldMining has a one year low of C$0.88 and a one year high of C$1.96. The company’s fifty day moving average price is C$0.90 and its two-hundred day moving average price is C$0.90.

About GoldMining

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GoldMining Inc, a mineral exploration company, focuses on the acquisition, and development of gold assets in the Americas. Its projects include the La Mina and Titiribi gold-copper projects located in the Department of Antioquia, Colombia; the Whistler gold-copper Project located in Alaska, United States; the Cachoeira and São Jorge Gold projects located in the State of Pará, northeastern Brazil; the Rea uranium project located in the Western of Alberta, Canada; the Yellowknife gold project located in the Northwest Territories, Canada; and the Crucero gold project located in southeastern Peru.

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