Latest news with #ShaneNagle
Yahoo
6 days ago
- Business
- Yahoo
National Bank Raised the Firm's PT on New Gold (NGD), Kept an Overweight Rating
New Gold Inc. (NYSEAMERICAN:NGD) is one of the 11 Hot Penny Stocks to Buy Right Now. On June 24, National Bank analyst Shane Nagle raised the firm's price target on New Gold Inc. (NYSEAMERICAN:NGD) from C$6.75 to C$8, while keeping an Overweight rating. The improved outlook comes after the company announced its Q1 2025 results, which showed improved production profiles. The consolidated production outlook reached 52,186 ounces of gold and 13.6 million pounds of copper, representing approximately 15% of the midpoint of annual consolidated production guidance of 325,000 to 365,000 ounces of gold. Aerial view of an open mine with large cranes and excavators working on the surface. As a result, the consolidated revenue reached $209.1 million, ahead of $192.1 revenue a year ago. Moreover, New Gold Inc. (NYSEAMERICAN:NGD) released two new technical reports that outlined robust production profiles with lower costs for both New Afton and Rainy River. These reports provide a roadmap for increased production, reduced costs, and extended mine life, which are expected to drive shareholder value. New Gold Inc. (NYSEAMERICAN:NGD) is a Canadian intermediate gold mining company. The company is engaged in mining and the production of gold, silver, and copper. While we acknowledge the potential of NGD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Business Insider
09-07-2025
- Business
- Business Insider
Ero Copper downgraded to Sector Perform from Outperform at National Bank
National Bank analyst Shane Nagle downgraded Ero Copper (ERO) to Sector Perform from Outperform with a C$24.50 price target Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
25-06-2025
- Business
- Business Insider
National Bank Remains a Buy on Taseko Mines (TGB)
In a report released today, Shane Nagle from National Bank maintained a Buy rating on Taseko Mines (TGB – Research Report), with a price target of C$5.25. The company's shares closed today at $2.89. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Nagle is a 5-star analyst with an average return of 21.2% and a 70.04% success rate. Nagle covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, Franco-Nevada, and Kinross Gold. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Taseko Mines with a $3.53 average price target, representing a 22.15% upside. In a report released on June 9, Stifel Nicolaus also maintained a Buy rating on the stock with a C$4.50 price target.
Business Insider
25-06-2025
- Business
- Business Insider
National Bank Keeps Their Buy Rating on Solaris Resources (SLSR)
In a report released today, Shane Nagle from National Bank maintained a Buy rating on Solaris Resources (SLSR – Research Report), with a price target of C$12.50. The company's shares closed today at $4.40. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Nagle is a 5-star analyst with an average return of 21.2% and a 70.04% success rate. Nagle covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, Franco-Nevada, and Kinross Gold. Solaris Resources has an analyst consensus of Strong Buy, with a price target consensus of $9.62.
Business Insider
25-06-2025
- Business
- Business Insider
National Bank Reaffirms Their Buy Rating on Lundin Mining (LUNMF)
National Bank analyst Shane Nagle maintained a Buy rating on Lundin Mining (LUNMF – Research Report) today and set a price target of C$16.50. The company's shares closed today at $10.05. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Nagle covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, Franco-Nevada, and Kinross Gold. According to TipRanks, Nagle has an average return of 21.2% and a 70.04% success rate on recommended stocks. Currently, the analyst consensus on Lundin Mining is a Moderate Buy with an average price target of $11.06, a 10.05% upside from current levels. In a report released on June 18, BMO Capital also maintained a Buy rating on the stock with a C$16.00 price target. LUNMF market cap is currently $8.52B and has a P/E ratio of -74.81. Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LUNMF in relation to earlier this year.
