Thesis Gold (CVE:TAU) Stock Price Up 1.8% – Time to Buy?

Thesis Gold Inc. (CVE:TAU)’s stock price was up 1.8% on Tuesday . The stock traded as high as C$0.57 and last traded at C$0.57. Approximately 14,500 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 253,728 shares. The stock had previously closed at C$0.56.

Wall Street Analyst Weigh In

Separately, Cormark upped their price objective on shares of Thesis Gold from C$2.50 to C$3.00 in a research note on Friday, September 6th.

Thesis Gold Price Performance

The stock has a market cap of C$111.81 million, a price-to-earnings ratio of 62.00 and a beta of 1.64. The firm has a fifty day moving average of C$0.68 and a 200 day moving average of C$0.72.

Thesis Gold (CVE:TAU) last issued its earnings results on Wednesday, October 30th. The company reported C$0.01 earnings per share (EPS) for the quarter.