New Found Gold Corp V.NFG

BMO starts coverage

[Possibleidiot01]

Posted by MarketBeat News on Jun 6th, 2022

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Equities research analysts at BMO Capital Markets started coverage on shares of New Found Gold (NYSE:NFGC – Get Rating) in a research note issued on Monday, TipRanks reports. The brokerage set a “buy” rating and a $10.00 price target on the stock.

[Royal10]

2022-06-07 07:48 ET - In the News   The Globe and Mail reports in its Tuesday, June 7, edition that BMO Nesbitt Burns analyst Andrew Mikitchook rates New Found Gold "outperform" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mikitchook set a share target of $10. Analysts on average target the shares at $11.15. Mr. Mikitchook calls New

[Royal10]

This is the first time that we see a big brokerage house (participating on the last big financing) recommending to buy NFG. This fact will become a strong catalyst for the company before the PADAQ, next week and US institutional investors.