Thesis Gold (CVE:TAU) Raised to “Strong-Buy” at TD Securities

Thesis Gold (CVE:TAU) was upgraded by analysts at TD Securities to a “strong-buy” rating in a research report issued to clients and investors on Wednesday, Zacks reports.

Separately, TD set a C$5.00 price objective on Thesis Gold and gave the company a “buy” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$4.67.

Thesis Gold Stock Performance

Shares of Thesis Gold stock opened at C$3.65 on Wednesday. Thesis Gold has a 1 year low of C$1.40 and a 1 year high of C$3.98. The firm’s 50-day simple moving average is C$3.20 and its 200-day simple moving average is C$3.22. The firm has a market cap of C$1.07 billion, a PE ratio of -121.67 and a beta of 3.10.