Corvus Gold (KOR) Receives a Buy from H.C. Wainwright

By Jason Carr

In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Corvus Gold (KORResearch Report). Analyst Heiko Ihle from H.C. Wainwright rated Corvus Gold (KORResearch Report) a Buy, setting a C$3.70 price target.

Ihle observed:

“We also note hole ML18-085, which returned 25.9 meters of 1.37 g/t gold.”

According to TipRanks.com, Ihle has 0 stars on 0-5 star ranking scale with an average return of -9.2% and a 26.7% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Golden Star Resources Ltd, and Northern Dynasty Minerals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Corvus Gold with a C$3.61 average price target.

The company has a one-year high of C$3.39 and a one-year low of C$1.40. Currently, Corvus Gold has an average volume of 156.4K.

Corvus Gold, Inc. mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. The company was founded on April 13, 2010 and is headquartered in Vancouver, Canada.

The company’s shares closed on Thursday at C$2.60.