Gensource Potash (CVE:GSP) Given a C$0.59 Price Target by Fundamental Research Analysts

Gensource Potash (CVE:GSP) received a C$0.59 price objective from analysts at Fundamental Research in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s price objective suggests a potential upside of 413.04% from the stock’s current price.

Gensource Potash Stock Performance

Shares of CVE GSP traded up C$0.01 during mid-day trading on Tuesday, hitting C$0.12. The company had a trading volume of 156,984 shares, compared to its average volume of 213,495. Gensource Potash has a 12 month low of C$0.06 and a 12 month high of C$0.17. The stock has a market cap of C$53.86 million, a price-to-earnings ratio of -11.50 and a beta of 0.77. The company has a debt-to-equity ratio of 64.66, a current ratio of 0.02 and a quick ratio of 0.08. The firm’s 50 day simple moving average is C$0.14 and its two-hundred day simple moving average is C$0.13.

About Gensource Potash

Gensource Potash Corporation, together with its subsidiaries, operates as a fertilizer development company in Canada. The company focuses on potash development activities. It holds various interests in the Tugaske Project located in Saskatchewan; and Vanguard Area, as well as the Lazlo projects located in central Saskatchewan. Gensource Potash Corporation is headquartered in Saskatoon, Canada.