“In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on NioCorp Developments Ltd (NIOBF), with a price target of $0.90. The company’s shares closed yesterday at $0.42.”
If the share price closed at $.42 the day the article came out then the $.90 target price must be in US funds which would be $1.20 Canadian.
The article is deceptive to say the least because they did not put Cad or US funds along with the price, and all other quotes regarding this reiteration of a Buy and Target price was always in Canadian funds.
Landmark and Always Optimistic have had a buy rating on this stock for 6 plus years......hmmm maybe next year their prediction is right? Buy, buy, buy!!!
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