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Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d'Ivoire, West Africa. The company's primary income is derived from the sale of gold.


TSX:ROXG - Post by User

Post by GUY2012on Oct 02, 2020 2:25pm
178 Views
Post# 31658766

Price targets

Price targetsI use TD Web broker, and when I look at the 6 analyst's covering ROXG, they all have price targets much higher than the stock is trading at. The range varies from a low of $2 to a high of $2.90. Makes me wonder then why the share price is trading so low in comaprison. At some point, the valuation will have to move higher and reflect the combination of the higher gold prices, expanding  resouce (drill results) and overall production.  
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