Leagold Mining (LMC) Hits New 12-Month High at $3.04
Leagold Mining (TSE:LMC) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$3.04 and last traded at C$3.08, with a volume of 163427 shares trading hands. The stock had previously closed at C$2.98.
A number of research analysts have recently issued reports on the company. Scotiabank reiterated an “outperform” rating and set a C$5.00 target price on shares of Leagold Mining in a research report on Tuesday, March 6th. BMO Capital Markets increased their target price on Leagold Mining from C$4.25 to C$5.00 in a research report on Wednesday, March 28th.
Leagold Mining (TSE:LMC) last posted its quarterly earnings data on Thursday, March 8th. The company reported C$0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.06 by C($0.05). Leagold Mining had a net margin of 0.52% and a return on equity of 0.48%. The firm had revenue of C$82.89 million during the quarter.
About Leagold Mining
Leagold Mining Corporation engages in the acquisition of gold mining properties and other development projects in Latin America. It holds interest in the Los Filos Mine located in Guerrero State, Mexico. The company was formerly known as HTI Ventures Corp. and changed its name to Leagold Mining Corporation in August 2016.
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