Analysts at Cantor Fitzgerald Maintain their “Buy” rating for Patagonia Gold PLC (LON:PGD) with GBX 3.00 Target Price

Patagonia Gold PLC (LON:PGD) Rating

In a research report shared with investors and clients on Thursday morning, Patagonia Gold PLC (LON:PGD) stock “Buy” was reconfirmed by Analysts at Cantor Fitzgerald. They currently have a GBX 3.00 target price per share on the stock. Cantor Fitzgerald’s target price per share indicates a potential upside of 16.28% from the company’s current price.

About 2.67M shares traded hands or 47.51% up from the average. Patagonia Gold plc (LON:PGD) has declined 9.47% since February 29, 2016 and is downtrending. It has underperformed by 20.73% the S&P500.

Patagonia Gold Plc is a gold and silver mining and exploration company, principally operating in Argentina. The company has a market cap of 41.46 million GBP. The Firm holds investments in mineral exploration companies involved in the identification, acquisition, development and exploitation of mineral projects, either alone or with joint-venture partners. It currently has negative earnings. The Company’s divisions include Lomada Project, COSE Project, Argentina and Chile, United Kingdom and Canada.

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