Rupert Resources (RUP – Research Report) has received a rating update from a Wall Street analyst today. The Materials company, Rupert Resources (TSX: RUP) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Habib is a 1-star analyst with an average return of -1.5% and a 38.6% success rate. Habib covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Pan American Silver, and SilverCrest Metals.
Rupert Resources has an analyst consensus of Moderate Buy, with a price target consensus of C$8.50, a 153.7% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a C$8.00 price target.
Based on Rupert Resources’ latest earnings release for the quarter ending August 31, the company reported a quarterly GAAP net loss of C$3.31 million. In comparison, last year the company had a GAAP net loss of C$3.05 million.
Rupert Resources Ltd is engaged in the acquisition and exploration of mineral properties in Finland. The company owns the Pahtavaara gold mine, mill and exploration permits and concessions located in the central Lapland greenstone belt in Northern Finland. Its other projects include Osikonmaki, Hirsikangas, Red Lake and Surf Inlet. It operates in one reportable operating segment, being the acquisition and exploration of mineral properties in Finland.
The company’s shares closed last Tuesday at C$3.44.
