Golden Reign Resources (CVE:GRR) Had Its Target Upgraded by Analysts at PI Financial to $0.70

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PI Financial Analyst Rating Change Golden Reign Resources CVE:GRR

Golden Reign Resources (CVE:GRR) Target Upped

In a research note made public by PI Financial on 7 October, Golden Reign Resources (CVE:GRR) had its target price per share raised to $0.70. The firm presently has “Buy” rating on the stock.

Despite the target upgrade, CVE:GRR is now trading -8.06% lower at $0.29 as of 07:58 New York time. Golden Reign Resources shares have increased 3.81% over the last 200 days, while the S&P500 has risen 6.91% for the same time.

GRR Stock Chart

Golden Reign Resources (CVE:GRR) Profile

Golden Reign Resources Ltd. is engaged in the acquisition and exploration of exploration and evaluation assets. The Company’s primary exploration and evaluation asset is the San Albino-Murra Mining Concession, located in Nicaragua, which is in an advanced exploration stage. It focuses on acquiring, exploring and developing exploration and evaluation assets in Nicaragua.

Golden Reign Resources (CVE:GRR) traded down -8.06% on 7 October, hitting $0.285. A total of 630,200 shares of the company’s stock traded hands. This is up from average of 179,793 shares. Golden Reign Resources has a 52 week low of $0.06 and a 52 week high of $0.35. The company has a market cap of $48.09M and a P/E ratio of 0.

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