RBC Capital analyst Tyler Broda assigned a Buy rating to Neometals Ltd. (RRSSF – Research Report) today and set a price target of p25.00. The company’s shares closed last Tuesday at $0.17.
Broda covers the Basic Materials sector, focusing on stocks such as Anglo American, Vale SA, and BHP Group Ltd. According to TipRanks, Broda has an average return of 4.0% and a 48.51% success rate on recommended stocks.
Neometals Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of $0.34.
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The company has a one-year high of $0.72 and a one-year low of $0.11. Currently, Neometals Ltd. has an average volume of 12.81K.
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Neometals Ltd. (RRSSF) Company Description:
Neometals Ltd. engages in mineral exploration. It operates through the following segments: Lithium, Titanium/Vanadium, and Others segments. Its projects include Mount Edwards, ELi Process, and Barrambie Vanadium and Titanium. The company was founded by Christopher John Reed on December 20, 2001 and is headquartered in West Perth, Australia.
