Rye Patch Gold (CVE:RPM) had its price target cut by Canaccord Genuity from C$2.50 to C$2.00 in a research note issued to investors on Monday morning.

Shares of Rye Patch Gold (RPM) opened at C$1.26 on Monday. The company has a market cap of $82.80, a price-to-earnings ratio of -14.00 and a beta of -0.14. Rye Patch Gold has a 1 year low of C$1.17 and a 1 year high of C$2.37.

Rye Patch Gold (CVE:RPM) last issued its earnings results on Monday, November 27th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$1.08 million for the quarter. Rye Patch Gold had a negative return on equity of 21.55% and a negative net margin of 376.98%.

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About Rye Patch Gold

Rye Patch Gold Corp. is an exploration-stage company engaged in the acquisition, exploration and development of mineral properties in Nevada, the United States through its subsidiary, Rye Patch Gold US Inc The Company’s activities are focused on over two geological trends in Nevada, including Oreana Trend and Cortez Trend.

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