$14.50 target CIBCCIBC has a new report out this a.m.
SMF as sector outperformer target $14.50
I expect others may raise their targets as well.
Gold is at $1409
$59.00 over last month
$292 over last year
Almost $170 over the average price SMF sold their gold for last quarter.
4th quarter average should be almost $100/oz higher than last quarter.
We are now 1/2 way through Q4 so the $100 has to be in the bag. Great time to be a low cost producer with $200 million sitting in cash
Wes