GoldMining Initiated at Roth Capital With Buy; PT C$4.50 Roth Capital Partners initiated coverage of GoldMining Inc. with a recommendation of buy.
Roth Capital predicted GoldMining will trade at C$4.50 within a year, implying a 210 percent increase from the last regular trade. The new target is 1.5 percent above the consensus average of C$4.43 and matches the highest in a Bloomberg survey of analysts. GoldMining had 3 buy recommendations, 0 holds and 0 sells before today.
Analysts haven't changed their consensus one-year target price for the stock in the past six months.