TMAC Resources Inc (TSE:TMR) insider Jason Ira Goldman purchased 10,000 shares of the company’s stock in a transaction dated Friday, August 18th. The shares were acquired at an average cost of C$8.98 per share, for a total transaction of C$89,800.00.

Shares of TMAC Resources Inc (TSE TMR) traded up 8.07% during midday trading on Friday, reaching $8.84. The company had a trading volume of 80,535 shares. The stock’s 50 day moving average is $12.11 and its 200-day moving average is $14.93. The stock’s market capitalization is $742.68 million. TMAC Resources Inc has a 12-month low of $8.12 and a 12-month high of $20.18.

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A number of equities research analysts have recently commented on the company. TD Securities dropped their price target on TMAC Resources from C$20.00 to C$19.00 and set a “speculative buy” rating on the stock in a research report on Tuesday, May 16th. Scotiabank dropped their price target on TMAC Resources from C$22.00 to C$16.00 and set a “sector perform” rating on the stock in a research report on Monday, July 17th. CIBC dropped their price target on TMAC Resources from C$18.00 to C$16.00 and set a “neutral” rating on the stock in a research report on Monday, July 17th. Finally, Royal Bank Of Canada lowered TMAC Resources from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from C$20.00 to C$13.00 in a research report on Thursday. Five research analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average target price of C$14.88.

TMAC Resources Company Profile

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