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Analysts Offer Insights on Materials Companies: Liberty Gold (OtherLGDTF), Goliath Resources (OtherGOTRF) and Eldorado Gold (EGO)

Tipranks - Thu Jan 22, 7:44AM CST

There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Liberty Gold (LGDTFResearch Report), Goliath Resources (GOTRFResearch Report) and Eldorado Gold (EGOResearch Report) with bullish sentiments.

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Liberty Gold (LGDTF)

In a report released today, Peter Bell from Canaccord Genuity maintained a Buy rating on Liberty Gold, with a price target of C$5.00. The company’s shares closed last Tuesday at $0.71.

According to TipRanks.com, Bell is a top 100 analyst with an average return of 62.7% and a 85.3% success rate. Bell covers the Basic Materials sector, focusing on stocks such as Collective Mining, Dakota Gold Corp, and Fireweed Zinc. ;'>

Currently, the analyst consensus on Liberty Gold is a Moderate Buy with an average price target of $3.59.

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Goliath Resources (GOTRF)

In a report released today, Cole McGill from Stifel Nicolaus maintained a Buy rating on Goliath Resources, with a price target of C$5.00. The company’s shares closed last Tuesday at $1.89, close to its 52-week high of $2.02.

According to TipRanks.com, McGill is a 5-star analyst with an average return of 25.6% and a 59.7% success rate. McGill covers the Basic Materials sector, focusing on stocks such as Lithium Argentina, FireFly Metals, and Arizona Metals. ;'>

Goliath Resources has an analyst consensus of Moderate Buy, with a price target consensus of $3.60.

Eldorado Gold (EGO)

In a report released today, Carey MacRury from Canaccord Genuity maintained a Buy rating on Eldorado Gold, with a price target of C$54.00. The company’s shares closed last Tuesday at $42.89.

According to TipRanks.com, MacRury is a top 100 analyst with an average return of 29.8% and a 67.8% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Pan American Silver, Newmont Mining, and Barrick Mining. ;'>

Currently, the analyst consensus on Eldorado Gold is a Moderate Buy with an average price target of $38.24, which is a -9.0% downside from current levels. In a report issued on January 15, TipRanks – PerPlexity also upgraded the stock to Buy with a C$64.00 price target.

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