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Echelon Wealth Partners Sticks to Their Buy Rating for Freeman Gold Corp (FMANF)

In a report released today, Gabriel Gonzalez CFA from Echelon Wealth Partners maintained a Buy rating on Freeman Gold Corp (FMANFResearch Report), with a price target of C$0.90. The company’s shares opened today at $0.16.

According to TipRanks, Gonzalez CFA is an analyst with an average return of -1.4% and a 41.35% success rate. Gonzalez CFA covers the Basic Materials sector, focusing on stocks such as GR Silver Mining, American Lithium, and Freeman Gold Corp.

Freeman Gold Corp has an analyst consensus of Moderate Buy, with a price target consensus of $0.67.

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Based on Freeman Gold Corp’s latest earnings release for the quarter ending August 31, the company reported a quarterly net profit of $858.11 thousand. In comparison, last year the company had a GAAP net loss of $368.27 thousand

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Freeman Gold Corp is a Canada based mineral exploration and development company. The company primarily explores for gold. It is focused on the Lemhi gold project.

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