David Coates analyst at Bell Potter reiterates coverage on De Grey Mining Ltd (DGMLF) stock in the Basic Materials sector with a Buy rating. TipRanks.com has Coates rated as a 4.6 star analyst with a 58% return on investment and a 21.2% success rate. Coates has set a price target of $ 1.27.
TipRanks.com reports that De Grey Mining Ltd stock currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for DGMLF's stock is $1.39. The target pricing ranges from a high forecast of $1.55 down to a low forecast of $1.27. De Grey Mining Ltd (DGMLF)’s stock last closing price was $1.09 which would put the average price target at 27.52% upside.
In addition, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on DGMLF stock.
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This article was pulled from miningandmetalmovers.com as they are an authority in the Mining and Metals Stock Sector. MiningandMetalMovers.com keeps investors informed of trending mining and metal stocks.
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