TD Securities Cuts TMAC Resources Inc (TMR) Price Target to C$15.00
TMAC Resources Inc (TSE:TMR) had its price objective decreased by TD Securities from C$17.50 to C$15.00 in a report issued on Tuesday morning. TD Securities currently has a speculative buy rating on the stock.
Other analysts also recently issued reports about the company. Scotiabank dropped their price objective on TMAC Resources from C$22.00 to C$16.00 and set a sector perform rating for the company in a report on Monday, July 17th. CIBC dropped their price objective on TMAC Resources from C$18.00 to C$16.00 and set a neutral rating for the company in a report on Monday, July 17th. BMO Capital Markets restated a market perform rating and set a C$13.00 price objective on shares of TMAC Resources in a report on Friday, October 13th. Finally, Royal Bank Of Canada downgraded TMAC Resources from an outperform rating to a sector perform rating and dropped their price objective for the stock from C$20.00 to C$13.00 in a report on Thursday, August 17th. Five equities research analysts have rated the stock with a hold rating, The stock has an average rating of Hold and a consensus price target of C$13.20.
TMAC Resources (TSE:TMR) opened at 7.02 on Tuesday. TMAC Resources has a 52-week low of $7.01 and a 52-week high of $20.18. The stock’s market capitalization is $589.78 million. The stock’s 50 day moving average price is $9.47 and its 200 day moving average price is $9.47.
In other TMAC Resources news, insider Jason Ira Goldman purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, August 18th. The stock was purchased at an average cost of C$8.98 per share, with a total value of C$89,800.00. Over the last ninety days, insiders have purchased 10,800 shares of company stock valued at $96,559.
TMAC Resources Company Profile
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