Thesis Gold (CVE:TAU) Rating Increased to Strong-Buy at TD Securities

TD Securities upgraded shares of Thesis Gold (CVE:TAU – Free Report) to a strong-buy rating in a report published on Wednesday morning,Zacks reports.

Separately, TD set a C$5.00 price target on shares of Thesis Gold and gave the stock a “buy” rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$4.67.

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Thesis Gold Price Performance

Shares of CVE TAU opened at C$3.65 on Wednesday. The company has a 50 day simple moving average of C$3.20 and a 200 day simple moving average of C$3.22. Thesis Gold has a 1 year low of C$1.40 and a 1 year high of C$3.98. The firm has a market cap of C$1.07 billion, a PE ratio of -121.67 and a beta of 3.10.

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