Exeter Resource Corp’s (XRC) Speculative Buy Rating Reaffirmed at TD Securities

Exeter Resource Corp (TSE:XRC)‘s stock had its “speculative buy” rating reaffirmed by equities research analysts at TD Securities in a report released on Thursday, StockTargetPrices.com reports. They currently have a C$3.00 target price on the stock. TD Securities’ target price would indicate a potential upside of 92.31% from the stock’s previous close.

Shares of Exeter Resource Corp (TSE:XRC) traded down 4.49% during midday trading on Thursday, hitting $1.49. The stock had a trading volume of 30,400 shares. The stock’s market cap is $132.07 million. The firm has a 50 day moving average price of $1.61 and a 200-day moving average price of $1.36. Exeter Resource Corp has a 52-week low of $0.39 and a 52-week high of $1.94.

Exeter Resource Corp Company Profile

Exeter Resource Corporation is an exploration-stage company. The Company operates as a mineral resource exploration and development company. It is engaged in the business of acquisition, exploration and development of mineral properties located in the Maricunga Region, Chile. It operates through the mineral property acquisition, exploration and development segment.

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