Stifel Nicolaus Raises Reunion Gold (CVE:RGD) Price Target to C$0.80

Reunion Gold (CVE:RGD) had its target price upped by Stifel Nicolaus from C$0.70 to C$0.80 in a report released on Friday morning, BayStreet.CA reports.

Reunion Gold Price Performance

Shares of RGD stock opened at C$0.60 on Friday. The stock’s fifty day moving average is C$0.45 and its 200-day moving average is C$0.42. The company has a debt-to-equity ratio of 0.74, a quick ratio of 13.90 and a current ratio of 13.72. The stock has a market capitalization of C$726 million, a PE ratio of -12.00 and a beta of 1.18. Reunion Gold has a 52 week low of C$0.32 and a 52 week high of C$0.61.

About Reunion Gold

Reunion Gold Corporation engages in the acquisition, exploration, and development of mineral projects in South America. The companys flagship project is the Oko West project located in Guyana. It also holds interest in other projects located in French Guiana and Suriname. The company was formerly known as New Sleeper Gold Corporation and changed its name to Reunion Gold Corporation in June 2006.