Equities research analysts at Canaccord Genuity decreased their target price on shares of AuRico Gold (TSE:AUQ) from C$6.50 to C$6.25 in a research note issued to investors on Thursday, AnalystRatings.NET reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target would suggest a potential upside of 34.99% from the stock’s previous close.
AuRico Gold (TSE:AUQ) traded down 4.97% on Thursday, hitting $4.40. The stock had a trading volume of 292,226 shares. AuRico Gold has a one year low of $3.59 and a one year high of $8.53. The stock has a 50-day moving average of $4.11 and a 200-day moving average of $4.68.
A number of other firms have also recently commented on AUQ. Analysts at Raymond James upgraded shares of AuRico Gold to an “outperform” rating in a research note to investors on Thursday, October 3rd. Separately, analysts at Scotiabank upgraded shares of AuRico Gold from a “sector perform” rating to a “sector outperform” rating in a research note to investors on Monday, September 23rd. They now have a C$6.00 price target on the stock, up previously from C$5.00. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. AuRico Gold presently has an average rating of “Hold” and an average target price of C$5.75.
AuRico Gold Inc is a Canada-based gold producer with mines and projects in North America. The Company and its subsidiaries are engaged in the mining, development, exploration, and acquisition of resource properties.
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