Thesis Gold (CVE:TAU) Raised to Strong-Buy at TD Securities

Thesis Gold (CVE:TAU) was upgraded by research analysts at TD Securities to a “strong-buy” rating in a research note issued on Wednesday, Zacks reports.

Separately, TD set a C$5.00 price target on Thesis Gold and gave the company a “buy” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat, Thesis Gold presently has an average rating of “Buy” and an average price target of C$4.67.

Thesis Gold Trading Up 2.5%

Shares of CVE:TAU opened at C$3.65 on Wednesday. The company has a 50 day moving average of C$3.20 and a 200-day moving average of C$3.22. The firm has a market cap of C$1.07 billion, a P/E ratio of -121.67 and a beta of 3.10. Thesis Gold has a twelve month low of C$1.40 and a twelve month high of C$3.98.