Zacks Investment Research upgraded shares of Gold Standard Ventures (NYSEAMERICAN:GSV) from a sell rating to a hold rating in a research note issued to investors on Tuesday, February 27th.
According to Zacks, “Gold Standard Ventures Corporation is a precious metals exploration & gold mining company focused on district scale gold discoveries within North Central Nevada. The Company’s flagship property is the Railroad Project, located in Elko County, Nevada. Gold Standard Ventures Corporation is based in Canada. “
Gold Standard Ventures (NYSEAMERICAN:GSV) traded down $0.06 during trading hours on Tuesday, hitting $1.63. 171,701 shares of the stock were exchanged, compared to its average volume of 644,638. Gold Standard Ventures has a one year low of $1.25 and a one year high of $2.76. The company has a market cap of $413.55, a P/E ratio of -32.80 and a beta of 0.12.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Virtu Financial LLC bought a new position in Gold Standard Ventures in the fourth quarter valued at approximately $102,000. Deutsche Bank AG bought a new stake in shares of Gold Standard Ventures in the fourth quarter worth $112,000. Camelot Portfolios LLC bought a new stake in shares of Gold Standard Ventures in the fourth quarter worth $175,000. Gabelli Funds LLC bought a new stake in shares of Gold Standard Ventures in the fourth quarter worth $613,000. Finally, AGF Investments Inc. bought a new stake in shares of Gold Standard Ventures in the fourth quarter worth $777,000.
Gold Standard Ventures Company Profile
Gold Standard Ventures Corp. is focused on the acquisition and exploration of district-scale and other gold-bearing mineral resource properties completely in the State of Nevada, the United States. The Company operates through the acquisition and exploration of exploration and evaluation assets segment.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Gold Standard Ventures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gold Standard Ventures and related companies with MarketBeat.com's FREE daily email newsletter.