The stock of NEWMARKET GOLD INC (TSE:NMI) is a huge mover today! About 60,416 shares traded hands. NEWMARKET GOLD INC (TSE:NMI) has risen 15.10% since April 21, 2016 and is uptrending. It has outperformed by 9.69% the S&P500.
The move comes after 6 months positive chart setup for the $610.13 million company. It was reported on Nov, 25 by Barchart.com. We have $3.77 PT which if reached, will make TSE:NMI worth $48.81M more.
NEWMARKET GOLD INC (TSE:NMI) Ratings Coverage
Out of 3 analysts covering Newmarket Gold Inc (TSE:NMI), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Newmarket Gold Inc has been the topic of 12 analyst reports since August 21, 2015 according to StockzIntelligence Inc. The stock of NEWMARKET GOLD INC (TSE:NMI) earned “Outperform” rating by Raymond James on Wednesday, August 26. BMO Capital Markets maintained NEWMARKET GOLD INC (TSE:NMI) on Friday, October 14 with “Market Perform” rating. As per Saturday, August 22, the company rating was maintained by Cormark Securities. The rating was initiated by RBC Capital Markets on Wednesday, September 30 with “Outperform”. RBC Capital Markets maintained NEWMARKET GOLD INC (TSE:NMI) on Tuesday, January 19 with “Outperform” rating. The firm has “Buy” rating given on Friday, August 21 by LB Securities.
More news for NEWMARKET GOLD INC (TSE:NMI) were recently published by: Fool.ca, which released: “What Kirkland Lake Gold Inc. Buying Newmarket Gold Inc. Means” on September 30, 2016. Business.Financialpost.com‘s article titled: “Kirkland Lake Gold to take over Newmarket Gold in all-stock deal worth $1 billion” and published on September 29, 2016 is yet another important article.
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