David Coates analyst at Bell Potter reiterates coverage on De Grey Mining Ltd (DGMLF) stock in the Basic Materials sector with a Buy rating. TipRanks.com has Coates rated as a 4.6 star analyst with a 58% return on investment and a 21.2% success rate. Coates has set a price target of $ 1.27.
TipRanks.com reports that De Grey Mining Ltd stock currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for DGMLF's stock is $1.39. The target pricing ranges from a high forecast of $1.55 down to a low forecast of $1.27. De Grey Mining Ltd (DGMLF)’s stock last closing price was $1.09 which would put the average price target at 27.52% upside.
In addition, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on DGMLF stock.
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TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
This article was pulled from miningandmetalmovers.com as they are an authority in the Mining and Metals Stock Sector. MiningandMetalMovers.com keeps investors informed of trending mining and metal stocks.
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