Fundamental Research reaffirmed their buy rating on shares of Inception Mining (OTCMKTS:IMII) in a research report sent to investors on Sunday, reports. Fundamental Research currently has a $0.32 target price on the stock.

Inception Mining stock opened at $0.06 on Friday. The firm has a 50-day moving average price of $0.09 and a two-hundred day moving average price of $0.19. Inception Mining has a 52-week low of $0.00 and a 52-week high of $0.55.

About Inception Mining

Inception Mining, Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. It primarily explores for gold deposits. The company primarily holds interest in the Clavo Rico mine located on the 200-hectare Clavo Rico Concession, located in southern Honduras.

See Also: How dollar cost averaging works

Receive News & Ratings for Inception Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inception Mining and related companies with's FREE daily email newsletter.