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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (59417)	5/28/2019 8:39:37 AM
From: Goose94	Read Replies (1) \| Respond to of 202704

Roxgold (ROXG-T) Raymond James analyst Tara Hassan added Roxgold to the firm's "Analyst Current Favourites" list. Ms. Hassan said Roxgold is "positioned to outperform peers due to its discounted valuation, upcoming catalysts, potential for increased operating and free cash flow and heightened takeover potential." Ms. Hassan rates Roxgold "outperform" with a $2.15 share target. Analysts on average target the shares at $1.69. Mr. Hassan says in a note: "Roxgold recently delivered a strong 1Q19 with estimates beating RJL and consensus estimates on the back of higher production and lower costs than expected. With a stronger than expected 1Q19 and development set up in-line with the company's 18 month plan, we believe that Roxgold is well positioned to deliver on 2019 guidance of 145-155 koz in 2019. This would mark the third year in a row that the company has met or exceeded it original guidance, a rarity amongst its peers. We expect stronger production in 2H19 as Bagassi South enters stoping production with Roxgold guiding for 60 per cent of production to be delivered in the later half of the year."