Canadian Imperial Bank of Commerce Reiterates C$6.00 Price Target for Thesis Gold (CVE:TAU)

Canadian Imperial Bank of Commerce set a C$6.00 target price on Thesis Gold (CVE:TAU) in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has an outperformer rating on the stock.

Separately, Clarus Securities upgraded Thesis Gold to a “strong-buy” rating in a research report on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Strong Buy” and a consensus price target of C$4.50.

Thesis Gold Trading Up 2.1%

Shares of CVE:TAU opened at C$3.65 on Wednesday. The firm has a market capitalization of C$1.01 billion, a PE ratio of -121.50 and a beta of 2.32. Thesis Gold has a 1-year low of C$0.90 and a 1-year high of C$3.69. The business’s 50 day moving average is C$3.26 and its 200-day moving average is C$2.63.