Reunion Gold (CVE:RGD) PT Raised to C$0.80

Reunion Gold (CVE:RGD) had its price objective increased by Stifel Nicolaus from C$0.70 to C$0.80 in a research note released on Friday morning, BayStreet.CA reports.

Reunion Gold Stock Up 20.0 %

Shares of CVE:RGD opened at C$0.60 on Friday. The firm has a market cap of C$726 million, a PE ratio of -12.00 and a beta of 1.18. The company has a fifty day simple moving average of C$0.45 and a 200 day simple moving average of C$0.42. The company has a current ratio of 13.72, a quick ratio of 13.90 and a debt-to-equity ratio of 0.74. Reunion Gold has a 12-month low of C$0.32 and a 12-month high of C$0.61.

About Reunion Gold

Reunion Gold Corporation engages in the acquisition, exploration, and development of mineral projects in South America. The companys flagship project is the Oko West project located in Guyana. It also holds interest in other projects located in French Guiana and Suriname. The company was formerly known as New Sleeper Gold Corporation and changed its name to Reunion Gold Corporation in June 2006.