Goldman Sachs hikes 12-month GOLD forecast to $2,000/ozcibc analyst share orezone price target at 0.80% npv of confirmed resources is $1.50 with gold at US$1400.
the study calculation shows a stock price increase of $0.50 for each US$100 increase in gold price.
with goldman sachs new US$2000 gold price means US$600 above their US$1400 based calculation or 6 times $0.50, i.e.
$3.00 more, showing orezone 80% npv share target price of $1.50 + $3.00 = $4.50. good luck thinking very hard about this one...
https://www.kitco.com/news/2020-06-19/Goldman-Sachs-hikes-12-month-gold-price-forecast-to-2-000-oz.html