GREY:VITFF - Post by User
Comment by
Human7on Jan 04, 2024 12:53pm
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Post# 35810806
RE:Is there any valid reason to expect $10/share?
RE:Is there any valid reason to expect $10/share?Here's a couple of reasons: Morningstar switched to a 4-star rating on this stock today. First time I've seen that with this stock. Fair value $12.21. Second reason... Refinitiv, LSG or whatever you want to call it latest report has 12-month mean target of $16.30 from 7 analysts, with a low of $10 and a high of $24. Now the analysts' 12 month target has not been reached over the last 2 years, but all the miners went down during that time, and the macro picture truly looks to be changing this year.
Raven and Q4 results coming soon, and will hopefully confirm trajectory of last 3 months from a low of $5.45. Can't get our heads about $7 is very recent action.