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Bullboard - Stock Discussion Forum 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... see more

TSX:ROXG - Post Discussion

Roxgold Inc. > Price targets
View:
Post by GUY2012 on Oct 02, 2020 2:25pm

Price targets

I 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.
Comment by yoshka2000 on Oct 02, 2020 2:52pm
Sounds good to me and, when is ROG. opening the other mine.   Is it just a rumor of them doing a JV or a takeover of Orezone in W. Africa?
Comment by Curbside100 on Oct 03, 2020 6:17am
Orezone is has over 5.0 million ounces ---as I mentiones earlier merging with or  taking over orezone and then splitting it off from the ibroy coast properties would make a lot of sense and value 
Comment by Curbside100 on Oct 03, 2020 2:17pm
sorry for spelling mistaskes ---it was 5:00am in the  dark
Comment by CALISUN on Oct 05, 2020 9:57am
Whoever is holding this one down, is doing so ahead of earnings release. 
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