TD Securities Trims TMAC Resources Inc (TMR) Target Price to C$17.50

TMAC Resources Inc (TSE:TMR) had its price objective cut by TD Securities from C$18.00 to C$17.50 in a report released on Tuesday. They currently have a speculative buy rating on the stock.

TMR has been the topic of several other reports. CIBC dropped their price objective on TMAC Resources from C$18.00 to C$16.00 and set a neutral rating on the stock in a research note on Monday, July 17th. Scotiabank dropped their price objective on TMAC Resources from C$22.00 to C$16.00 and set a sector perform rating on the stock in a research note on Monday, July 17th. Five analysts have rated the stock with a hold rating, The company currently has an average rating of Hold and an average target price of C$14.88.

Shares of TMAC Resources (TSE TMR) opened at 8.84 on Tuesday. The company’s market cap is $742.68 million. TMAC Resources has a 12 month low of $8.12 and a 12 month high of $20.18. The stock has a 50 day moving average of $12.11 and a 200-day moving average of $14.93.

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In other news, insider Jason Ira Goldman acquired 10,000 shares of the firm’s stock in a transaction that occurred on Friday, August 18th. The stock was bought at an average price of C$8.98 per share, with a total value of C$89,800.00.

TMAC Resources Company Profile

Analyst Recommendations for TMAC Resources (TSE:TMR)

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