Equities research analysts at Canaccord Genuity Group started coverage on shares of Sinda (NYSE:SIND – Get Free Report) in a research report issued on Tuesday,Benzinga reports. The brokerage set a “speculative buy” rating and a $19.00 price target on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 14.05% from the company’s current price.
Several other equities analysts also recently issued reports on the stock. UBS Group set a $19.00 price target on shares of Sinda in a report on Tuesday, July 21st. Royal Bank Of Canada assumed coverage on shares of Sinda in a report on Tuesday, July 21st. They issued an “outperform” rating and a $19.00 price objective on the stock. Wall Street Zen downgraded shares of Sinda from a “hold” rating to a “sell” rating in a research report on Saturday. Scotiabank raised shares of Sinda to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Zacks Research upgraded shares of Sinda to a “hold” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $18.83.
Read Our Latest Analysis on Sinda
Sinda Stock Up 0.5%
Sinda (NYSE:SIND – Get Free Report) last issued its earnings results on Friday, August 14th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.01). On average, sell-side analysts forecast that Sinda will post -0.3 EPS for the current year.
Sinda Company Profile
We hold title to, or have exploration and exploitation rights on, five contiguous mining concessions covering a large-scale, high-grade, silver-gold greenfield discovery located in the historic Guanajuato epithermal silver belt of Mexico (the “Sinda Property” or the “Project”). The Sinda Property is a large primary silver asset that we believe has the potential to be a globally significant mining operation. The Sinda Property is located approximately 22 miles (35 kilometers) from the colonial city of San Miguel de Allende in the Mexican state of Guanajuato, approximately 180 miles (290 kilometers) northwest of Mexico City and 28 miles (45 kilometers) southeast of the Guanajuato Mining District, in close proximity to several of the world’s largest and historically most productive silver deposits and mines.
Further Reading
- Five stocks we like better than Sinda
- Uncle Sam’s Chip Trick: How the Government Built a Silicon Moat
- 3 Infrastructure Stocks Built Around the Backbone of the Economy
- Moonshot to Money: Intuitive Machines Lands $600M Defense Win
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
Receive News & Ratings for Sinda Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sinda and related companies with MarketBeat.com's FREE daily email newsletter.
