Intrepid Mines Limited Lowered to Underperform at RBC Capital (IAU)
Intrepid Mines Limited (TSE: IAU) was downgraded by analysts at RBC Capital from a “sector perform” rating to an “underperform” rating in a research report issued to clients and investors on Wednesday. They currently have a $0.20 price target on the stock, down from their previous price target of $0.40.
Separately, analysts at Canaccord Genuity cut their price target on shares of Intrepid Mines Limited from $0.45 to $0.40 in a research note to investors on Monday, January 14th.
Shares of Intrepid Mines Limited traded down 2.33% during mid-day trading on Wednesday, hitting $0.21. Intrepid Mines Limited has a 52 week low of $0.20 and a 52 week high of $1.42. The stock’s 50-day moving average is currently $0.23. The company’s market cap is $116.7 million.
Intrepid Mines Limited (Intrepid) is an Australia-based company engaged in gold mining and, development and exploration at a portfolio of properties.
IAU Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
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