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Analysts Offer Insights on Materials Companies: 1911 Gold (OtherAUMBF) and GoldMining (GLDG)

Tipranks - Tue Apr 21, 1:14AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on 1911 Gold (AUMBF) and GoldMining (GLDG) with bullish sentiments.

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1911 Gold (AUMBF)

Roth MKM analyst Mike Niehuser maintained a Buy rating on 1911 Gold today and set a price target of C$2.00. The company’s shares closed last Friday at $0.72.

According to TipRanks.com, Niehuser is a 5-star analyst with an average return of 56.1% and a 63.0% success rate. Niehuser covers the Basic Materials sector, focusing on stocks such as Tanzanian Royalty Exploration, Idaho Strategic Resources, and Solitario Resources. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 1911 Gold with a $1.45 average price target.

See the top stocks recommended by analysts >>

GoldMining (GLDG)

Roth MKM analyst Joseph Reagor reiterated a Buy rating on GoldMining today and set a price target of $3.00. The company’s shares closed last Friday at $1.38.

According to TipRanks.com, Reagor is a 5-star analyst with an average return of 30.9% and a 55.8% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Anglogold Ashanti PLC, Hecla Mining Company, and Avino Silver & Gold. ;'>

GoldMining has an analyst consensus of Moderate Buy, with a price target consensus of $3.38.

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