Bullboard - Stock Discussion Forum TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in... see more

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TSX:TMR - Post Discussion

TMAC Resources Inc. > share price target $3

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Post by riverrrow on Dec 22, 2020 5:53am

share price target $3

I'm just pulling that number out of the air but with the current price of gold and the fact that TMR made 16 cents a share profit last quarter a $3 share price seems reasonable. The market pros will figure out the real value which should be reflected quickly. The key for me is that the company finally achieved their recovery target last quarter. GLTA.

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