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Noble Financial Issues a Buy Rating on Labrador Gold Corp (LAB)

The Materials sector company, Labrador Gold Corp (LABResearch Report), has received a rating update from a Wall Street analyst today. The Materials company, Labrador Gold Corp (TSXV: LAB) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Reichman is ranked 0 out of 5 stars with an average return of -13.9% and a 29.2% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Haynes International, Comstock Mining, and Defense Metals.

Labrador Gold Corp has an analyst consensus of Moderate Buy, with a price target consensus of C$0.74.

The company has a one-year high of C$0.42 and a one-year low of C$0.16. Currently, Labrador Gold Corp has an average volume of 79K.

Labrador Gold Corp is a Canadian based mineral exploration company. It focuses on the acquisition and exploration of prospective gold projects in the Americas. The company also has mineral right interests in Ontario, Canada. Its projects include Borden Lake Extension Project and Labrador Projects comprising Hopedale, Ashuanipi and Nain.

The company’s shares closed last Wednesday at C$0.20.

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