Analysts Have Conflicting Sentiments on These Materials Companies: Artemis Gold (OtherARGTF), Warrior Met Coal (HCC) and Coeur Mining (CDE)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Artemis Gold (ARGTF – Research Report), Warrior Met Coal (HCC – Research Report) and Coeur Mining (CDE – Research Report).

Artemis Gold (ARGTF)

RBC Capital analyst Wayne Lam maintained a Buy rating on Artemis Gold on May 6 and set a price target of C$9.00. The company’s shares closed last Friday at $7.31, close to its 52-week high of $7.45.

According to TipRanks.com, Lam is a 1-star analyst with an average return of -0.9% and a 54.8% success rate. Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Argonaut Gold, and Equinox Gold.

Currently, the analyst consensus on Artemis Gold is a Strong Buy with an average price target of $9.43, representing a 26.9% upside. In a report issued on April 26, Canaccord Genuity also maintained a Buy rating on the stock with a C$17.00 price target.

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Warrior Met Coal (HCC)

In a report issued on May 7, Sam Crittenden from RBC Capital maintained a Hold rating on Warrior Met Coal, with a price target of $64.00. The company’s shares closed last Friday at $63.78.

According to TipRanks.com, Crittenden is a 5-star analyst with an average return of 24.6% and a 63.4% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Nexa Resources SA, and Freeport-McMoRan.

Currently, the analyst consensus on Warrior Met Coal is a Moderate Buy with an average price target of $75.00, representing a 13.6% upside. In a report issued on May 2, Benchmark Co. also maintained a Hold rating on the stock.

Coeur Mining (CDE)

RBC Capital analyst Michael Siperco maintained a Buy rating on Coeur Mining on May 6 and set a price target of $5.00. The company’s shares closed last Friday at $5.29, close to its 52-week high of $5.51.

According to TipRanks.com, Siperco is a 4-star analyst with an average return of 4.5% and a 51.7% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Novagold Resources New, Hecla Mining Company, and Pan American Silver.

Coeur Mining has an analyst consensus of Moderate Buy, with a price target consensus of $5.15, a -7.4% downside from current levels. In a report issued on May 3, BMO Capital also upgraded the stock to Buy with a $5.50 price target.

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Read More on ARGTF:

• Artemis Gold Reports Q1 2024 Financials, Eyes Blackwater Mine Production
• Artemis Gold price target raised to C$9.50 from C$8.75 at CIBC
• Artemis Gold’s Blackwater Mine Nears Completion
• Artemis Gold price target raised to C$13 from C$11 at Stifel
• Artemis Gold price target raised to C$14 from C$12.75 at National Bank