Scotgold Resources Limited (SGZ) Rating Reiterated by Stockdale Securities
Scotgold Resources Limited (LON:SGZ)‘s stock had its “buy” rating reaffirmed by equities research analysts at Stockdale Securities in a research note issued on Friday. They currently have a GBX 1.80 ($0.02) price target on the stock. Stockdale Securities’ price objective would indicate a potential upside of 300.00% from the stock’s previous close.
Scotgold Resources Limited (LON:SGZ) opened at 0.45 on Friday. The stock’s market cap is GBX 6.92 million. The company has a 50-day moving average of GBX 0.52 and a 200 day moving average of GBX 0.57. Scotgold Resources Limited has a 12-month low of GBX 0.40 and a 12-month high of GBX 0.71.
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About Scotgold Resources Limited
Scotgold Resources Limited is engaged in the advancement of the Cononish Gold and Silver Project in Scotland’s Grampian Highlands to a production decision. The Company is engaged in the exploration of the tenements comprising the Grampian Gold Project with the view of identifying further project opportunities.
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