TMAC Resources (TMR) Trading Down 0.9%

Shares of TMAC Resources Inc (TSE:TMR) traded down 0.9% during trading on Monday . The stock traded as low as C$9.81 and last traded at C$10.00. 46,669 shares were traded during trading, an increase of 4% from the average session volume of 45,032 shares. The stock had previously closed at C$9.91.

Several analysts have recently commented on the stock. BMO Capital Markets reduced their price objective on shares of TMAC Resources from C$17.00 to C$13.00 in a research report on Monday, October 2nd. TD Securities reduced their price objective on shares of TMAC Resources from C$17.50 to C$15.00 and set a “speculative buy” rating for the company in a research report on Tuesday, October 17th. Royal Bank of Canada reduced their price objective on shares of TMAC Resources from C$13.00 to C$11.00 and set a “sector perform” rating for the company in a research report on Monday, November 13th. CIBC reduced their price objective on shares of TMAC Resources from C$12.00 to C$10.50 in a research report on Monday, November 13th. Finally, Desjardins reaffirmed a “buy” rating and set a C$12.25 price objective on shares of TMAC Resources in a research report on Tuesday, November 28th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of C$12.29.

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TMAC Resources Company Profile

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