Analyst Recommendations for Wednesday, December 13 -
#1 - Alamos Gold (TSE:AGI) (NYSE:AGI) had its price target raised by analysts at BMO Capital Markets from C$19.00 to C$23.00. This represents a 24.0% upside from the current price of C$18.55. smile)
Lundin Gold (TSE:LUG) had its price target raised by analysts at BMO Capital Markets from C$20.00 to C$22.00. This represents a 33.6% upside from the current price of C$16.47.
Lundin Gold (TSE:LUG) had its price target raised by analysts at Desjardins from C$19.75 to C$20.00. They now have a "buy" rating on the stock. This represents a 21.4% upside from the current price of C$16.47.
Mandalay Resources (TSE:MND) had its price target raised by analysts at BMO Capital Markets from C$3.00 to C$3.50. This represents a 85.2% upside from the current price of C$1.89.
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Murchison Historical Resources The Murchison portfolio contained historical resources of - 644koz at the time of acquisitions. Monument is systematically performing all the necessary work to convert and validate these historical resources into current resources under NI43-101 guidelines. A breakdown of the historical resources is detailed in the table below
NI 43-101-Indicated Resources 293 koz Au NI 43-101-Inferred Resources 88 koz Au Historical Resources** 644 koz Au