Koryx Copper (CVE:KRY) PT Set at C$6.00 by BMO Capital Markets

Koryx Copper (CVE:KRY) has been assigned a C$6.00 price objective by research analysts at BMO Capital Markets in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective points to a potential upside of 83.49% from the company’s current price.

Separately, Stifel Nicolaus raised their price target on Koryx Copper from C$4.25 to C$4.50 and gave the company a “buy” rating in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$5.25.

Koryx Copper Stock Up 7.2%

CVE:KRY traded up C$0.22 during trading hours on Tuesday, hitting C$3.27. 148,639 shares of the company’s stock traded hands, compared to its average volume of 201,652. Koryx Copper has a 52 week low of C$0.96 and a 52 week high of C$3.90. The business’s fifty day simple moving average is C$3.23 and its two-hundred day simple moving average is C$3.02. The firm has a market cap of C$397.49 million, a P/E ratio of -7.79 and a beta of 0.94.