The day to day swings in the market make this a tough call, up until today gold was on nice rally , but any compromise on the trade front stocks will once again be the magnet for money. In the past few months gold and BTC have been seen as the safe haven and a store of value as currencies and bonds have weakened worldwide.
From a technical perspective the stock has had epic advance on very high volume, which now means the stock has become a little extended and indicators are starting to pullback for a much needed reset. It could very well get a pop on earnings but maybe a safer entry point is on the breakout.
AVERAGE ANALYSTS PRICE TARGET $1.73
AVERAGE ANALYSTS RECOMMENDATION BUY
P/E RATIO 18
COMPANY PROFILE
Roxgold, Inc. is an exploration and development company. It engages in the acquiring, exploring and evaluating mineral properties and gold projects. The company holds interest in Yaramoko and Solna Projects. Roxgold was founded on November 22, 1983 and is headquartered in Toronto, Canada.
From a technical perspective the stock has had epic advance on very high volume, which now means the stock has become a little extended and indicators are starting to pullback for a much needed reset. It could very well get a pop on earnings but maybe a safer entry point is on the breakout.
AVERAGE ANALYSTS PRICE TARGET $1.73
AVERAGE ANALYSTS RECOMMENDATION BUY
P/E RATIO 18
COMPANY PROFILE
Roxgold, Inc. is an exploration and development company. It engages in the acquiring, exploring and evaluating mineral properties and gold projects. The company holds interest in Yaramoko and Solna Projects. Roxgold was founded on November 22, 1983 and is headquartered in Toronto, Canada.