GT Gold (GTT) PT Set at C$6.00 by Macquarie

GT Gold (CVE:GTT) has been assigned a C$6.00 price objective by equities research analysts at Macquarie in a research note issued on Monday, October 29th. The brokerage presently has an “outperform” rating on the stock. Macquarie’s target price would suggest a potential upside of 460.75% from the stock’s previous close.

Shares of GTT traded up C$0.04 during mid-day trading on Monday, hitting C$1.07. 124,256 shares of the company’s stock were exchanged, compared to its average volume of 489,012. GT Gold has a 52 week low of C$0.41 and a 52 week high of C$2.15.

GT Gold (CVE:GTT) last issued its quarterly earnings results on Friday, August 24th. The company reported C($0.02) earnings per share for the quarter. As a group, sell-side analysts expect that GT Gold will post -0.0900000016363637 EPS for the current fiscal year.

In other GT Gold news, Director Taj Singh sold 37,412 shares of the firm’s stock in a transaction on Tuesday, October 23rd. The stock was sold at an average price of C$1.80, for a total transaction of C$67,341.60.

GT Gold Company Profile

GT Gold Corp. primarily engages in the acquisition, exploration, and development of gold properties in Canada. It also explores for silver and copper. The company's flagship property is the Tatogga property covering an area of 43,178 hectares, which is located in the northwestern British Columbia.

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