Reunion Gold (CVE:RGD) PT Raised to C$0.80 at Stifel Nicolaus

Reunion Gold (CVE:RGD) had its price objective hoisted by equities research analysts at Stifel Nicolaus from C$0.70 to C$0.80 in a research report issued to clients and investors on Friday, BayStreet.CA reports. Stifel Nicolaus’ price objective would suggest a potential upside of 61.62% from the company’s current price.

Reunion Gold Stock Performance

RGD traded up C$0.01 on Friday, reaching C$0.50. The stock had a trading volume of 294,971 shares, compared to its average volume of 379,079. The business’s 50-day moving average price is C$0.44 and its two-hundred day moving average price is C$0.42. Reunion Gold has a 12-month low of C$0.32 and a 12-month high of C$0.59. The company has a market cap of C$598.95 million, a P/E ratio of -9.90 and a beta of 1.18. The company has a current ratio of 13.72, a quick ratio of 13.90 and a debt-to-equity ratio of 0.74.

About Reunion Gold

Reunion Gold Corporation engages in the acquisition, exploration, and development of mineral projects in South America. The companys flagship project is the Oko West project located in Guyana. It also holds interest in other projects located in French Guiana and Suriname. The company was formerly known as New Sleeper Gold Corporation and changed its name to Reunion Gold Corporation in June 2006.