TD Securities Thinks Superior Gold Inc’s Stock is Going to Recover

By Jason Carr

Wall Street analyst has provided a review for the Materials company on October 18, but retained the same rating on the stock. TD Securities’ analyst Greg Barnes reiterates their Buy rating on the shares of Superior Gold Inc (TSXV: SGI), with a C$1.75 price target.

According to TipRanks.com, Barnes is ranked 0 out of 5 stars with an average return of -6.1% and a 35.9% success rate. Barnes covers the Basic Materials sector, focusing on stocks such as Centerra Gold Inc, Franco Nev Corp, and Agnico Eagle.

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The the analyst consensus on Superior Gold Inc is currently a Hold rating.

Superior Gold, Inc. engages in the acquisition, exploration, development, and operation of gold resource properties. It owns the Plutonic gold operations. The company was founded on July 4, 2016 and is headquartered in Toronto, Canada.

The company’s shares closed on Friday at C$0.82, close to its 52-week low of C$0.76.