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New World Resources Limited (C5W) Receives a Buy from Canaccord Genuity

New World Resources Limited (C5W) Receives a Buy from Canaccord Genuity

In a report released on May 21, Paul Howard CFA from Canaccord Genuity maintained a Buy rating on New World Resources Limited (C5W – Research Report), with a price target of A$0.07. The company's shares closed last Friday at €0.02.
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According to TipRanks, Howard CFA is an analyst with an average return of -4.4% and a 47.79% success rate. Howard CFA covers the Basic Materials sector, focusing on stocks such as West African Resources Ltd, Emerald Resources NL, and Titan Minerals Ltd.
Currently, the analyst consensus on New World Resources Limited is a Moderate Buy with an average price target of €0.04.
C5W market cap is currently €95.09M and has a P/E ratio of -33.33.
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