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

Reunion Gold (CVE:RGDFree Report) had its target price boosted by Stifel Nicolaus from C$0.70 to C$0.80 in a report issued on Friday morning, BayStreet.CA reports.

Reunion Gold Stock Up 2.0 %

RGD opened at C$0.50 on Friday. The company has a fifty day moving average price of C$0.44 and a 200-day moving average price of C$0.42. The firm has a market capitalization of C$605 million, a P/E ratio of -9.90 and a beta of 1.18. The company has a debt-to-equity ratio of 0.74, a current ratio of 13.72 and a quick ratio of 13.90. Reunion Gold has a one year low of C$0.32 and a one year high of C$0.59.

Reunion Gold Company Profile

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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.

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