Pi Financial reiterated their buy rating on shares of Nighthawk Gold (TSE:NHK) in a research report report published on Tuesday morning, BayStreet.CA reports. They currently have a C$5.25 target price on the stock.
NHK opened at C$2.21 on Tuesday. The stock has a market cap of $96.05 million and a price-to-earnings ratio of -36.83. Nighthawk Gold has a twelve month low of C$1.55 and a twelve month high of C$3.65. The company’s 50-day moving average price is C$0.91 and its two-hundred day moving average price is C$0.61.
Nighthawk Gold (TSE:NHK) last posted its quarterly earnings results on Monday, November 11th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, sell-side analysts expect that Nighthawk Gold will post -0.42 EPS for the current year.
Nighthawk Gold Corp. identifies, acquires, explores, and evaluates gold properties in Canada. It owns a 100% interest in the Indin Lake Gold property covering an area of 222,203 acres located to the north of Yellowknife, the Northwest Territories, as well as Colomac Gold Project. The company was formerly known as Merc International Minerals Inc and changed its name to Nighthawk Gold Corp.
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