Thesis Gold (CVE:TAU) Given a C$6.00 Price Target by Canadian Imperial Bank of Commerce Analysts

Thesis Gold (CVE:TAU) received a C$6.00 target price from research analysts at Canadian Imperial Bank of Commerce in a report issued on Wednesday,BayStreet.CA reports. The firm presently has an “outperformer” rating on the stock. Canadian Imperial Bank of Commerce’s price target indicates a potential upside of 73.91% from the stock’s previous close.

Separately, Clarus Securities raised shares of Thesis Gold to a “strong-buy” rating in a research note on Tuesday, April 28th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat.com, Thesis Gold has a consensus rating of “Strong Buy” and an average target price of C$4.50.

Thesis Gold Stock Performance

Thesis Gold stock traded up C$0.22 during trading on Wednesday, reaching C$3.45. The company had a trading volume of 1,171,088 shares, compared to its average volume of 538,172. The firm has a market capitalization of C$956.01 million, a PE ratio of -115.00 and a beta of 2.32. The firm’s 50-day simple moving average is C$3.25 and its 200 day simple moving average is C$2.60. Thesis Gold has a 1-year low of C$0.90 and a 1-year high of C$3.69.