There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on GoGold Resources (GLGDF – Research Report) and Osino Resources (OSIIF – Research Report) with bullish sentiments.
GoGold Resources (GLGDF)
In a report released today, Gabriel Gonzalez CFA from Echelon Wealth Partners reiterated a Buy rating on GoGold Resources, with a price target of C$3.80. The company’s shares closed last Tuesday at $1.89.
According to TipRanks.com, CFA is a 2-star analyst with an average return of -0.4% and a 41.6% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Freeman Gold Corp, GR Silver Mining, and Argonaut Gold.
GoGold Resources has an analyst consensus of Moderate Buy, with a price target consensus of $2.62.
Osino Resources (OSIIF)
Echelon Wealth Partners analyst Ryan Walker reiterated a Buy rating on Osino Resources today and set a price target of C$1.85. The company’s shares closed last Tuesday at $0.72.
According to TipRanks.com, Walker is a 2-star analyst with an average return of 0.1% and a 45.1% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Canada Nickel Company, Bunker Hill Mining, and Clean Air Metals.
Osino Resources has an analyst consensus of Strong Buy, with a price target consensus of $1.71, which is a 134.9% upside from current levels. In a report released yesterday, BMO Capital also initiated coverage with a Buy rating on the stock with a C$1.60 price target.
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