SolGold (LON:SOLG) had its target price increased by stock analysts at Liberum Capital from GBX 65 ($0.85) to GBX 72 ($0.94) in a report released on Tuesday. The firm currently has a “buy” rating on the stock. Liberum Capital’s target price points to a potential upside of 88.59% from the company’s previous close.

Shares of SOLG opened at GBX 38.18 ($0.50) on Tuesday. SolGold has a 52-week low of GBX 19.73 ($0.26) and a 52-week high of GBX 46.81 ($0.61).

About SolGold

SolGold plc, together with its subsidiaries, engages in the exploration of mineral properties in Ecuador, Australia, and Solomon Islands. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project that covers an area of approximately 50 square kilometers located in Quito, Ecuador.

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