Nemaska Lithium (NMX) Price Target Raised to C$3.00 at Eight Capital

Nemaska Lithium (TSE:NMX) had its price target upped by Eight Capital from C$2.80 to C$3.00 in a research note released on Wednesday.

Separately, National Bank Financial increased their price target on shares of Nemaska Lithium from C$2.10 to C$2.30 and gave the stock an outperform rating in a research note on Wednesday, September 13th.

Nemaska Lithium (TSE NMX) opened at C$2.09 on Wednesday. The firm has a market cap of $790.23, a P/E ratio of -69.67 and a beta of 0.38. Nemaska Lithium has a one year low of C$0.95 and a one year high of C$2.44.

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About Nemaska Lithium

Nemaska Lithium Inc engages in the exploration and evaluation of hard rock lithium mining properties and related processing of spodumene into lithium compounds in Canada. The company owns 100% interests in the Whabouchi Property that consists of 33 claims covering an area of 1,716 hectares located in the Eeyou Istchee/James Bay area of Quebec province; and the Sirmac Property, which comprises 24 mining claims covering an area of 1,101 hectares located to the northwest of the town of Chibougamau and southeast of the town of Nemaskain Quebec province.

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