Analysts have been eager to weigh in on the Materials sector with new ratings on Osisko Development (ODV – Research Report), Novagold Resources New (NG – Research Report) and Silver Lake Resources Limited (SVLKF – Research Report).
Osisko Development (ODV)
In a report issued on January 11, Wayne Lam from RBC Capital maintained a Hold rating on Osisko Development, with a price target of C$6.00. The company’s shares closed last Friday at $2.52, close to its 52-week low of $2.41.
According to TipRanks.com, Lam is ranked 0 out of 5 stars with an average return of
Osisko Development has an analyst consensus of Moderate Buy, with a price target consensus of $5.85.
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Novagold Resources New (NG)
In a report issued on January 11, Michael Siperco from RBC Capital maintained a Hold rating on Novagold Resources New, with a price target of $5.00. The company’s shares closed last Friday at $3.55, close to its 52-week low of $3.25.
According to TipRanks.com, Siperco is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Novagold Resources New with a $9.11 average price target.
Silver Lake Resources Limited (SVLKF)
RBC Capital analyst Alex Barkley maintained a Buy rating on Silver Lake Resources Limited on January 11 and set a price target of A$1.40. The company’s shares closed last Thursday at $0.76.
According to TipRanks.com, Barkley is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Silver Lake Resources Limited with a $1.02 average price target, a 33.4% upside from current levels. In a report issued on January 9, Canaccord Genuity also maintained a Buy rating on the stock with a A$1.40 price target.
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Read More on ODV:
- Osisko Development Announces Management Updates
- Osisko Development announces results from new areas at Trixie, Tintic project
- Osisko Development Intercepts 443.64 G/T Gold Over 1.19 Meters in Underground Sampling at Trixie, Tintic Project
- Osisko Development Corp. and O3 Mining Inc. Announce Formation of “Electric Elements Mining Corp.” to Explore James Bay Properties for Lithium
