Analyst Activity – TD Securities Lowers Its Price Target On TMAC Resources (TSE:TMR) to C$19.00

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Analyst Ratings For TMAC Resources (TSE:TMR)

Today, TD Securities lowered its price target on TMAC Resources (TSE:TMR) to C$19.00 per share.

There are 2 hold ratings, 3 buy ratings on the stock.

The current consensus rating on TMAC Resources (TSE:TMR) is Buy (Score: 2.60) with a consensus target price of C$20.07 per share, a potential .

Some recent analyst ratings include

  • 12/19/2016-Royal Bank of Canada initiated coverage with a Outperform rating.
  • 9/29/2016-BMO Capital Markets was Downgraded by analysts at BMO Capital Markets from a “Outperform ” rating to a ” Market Perform” rating.
  • 8/9/2016-GMP Securities Reiterated Rating of Buy.
  • 7/19/2016-National Bank Financial Upgrade from a “Sector Perform Market Weight ” rating to a ” Outperform Spec Overweight” rating.


    About TMAC Resources (TSE:TMR)
    TMAC Resources, Inc. is a Canada-based mineral exploration and development company. The Company is involved in the exploration, evaluation and development of the Hope Bay mineral property in the Kitikmeot Region of Nunavut, Canada (Hope Bay Project). Approximately 1,100 square kilometer Hope Bay Project gold deposit has approximately 4.5 million ounces of gold at an average grade of approximately 9.2 grams per ton gold (g/t Au), Inferred Mineral Resources totaling approximately 1.4 million ounces of gold at an average grade of 7.4 g/t Au and proven and probable mineral reserves totaling approximately 3.5 million ounces of gold at an average grade of 7.7 g/t Au. The Company has not generated revenue.

    Recent Trading Activity for TMAC Resources (TSE:TMR)
    Shares of TMAC Resources closed the previous trading session at 15.13 up +0.88 6.18% with 53,625 shares trading hands.