08:40:04 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Roxgold Inc (2)
Symbol ROG
Shares Issued 235,782,698
Close 2014-09-08 C$ 0.74
Market Cap C$ 174,479,197
Recent Sedar Documents

Globe says Roxgold maintained at "speculative buy"

2014-09-09 08:15 ET - In the News

The Globe and Mail reports in its Tuesday, Sept. 9, edition that Roxgold (74 cents) announced on Monday morning the discovery of a new high-grade vein in the Bagassi South area of its developing Yaramoko gold project in Burkina Faso. The Globe's Darcy Keith and Sonali Verma write that Jennings Capital analyst Stuart McDougall says the "results highlight the exploration upside at Yaramoko." Mr. McDougall says, "We expect more positive updates in future, with drilling scheduled to renew in Q4/14, following the rainy season." Mr. McDougall maintains his "speculative buy" rating and $1.25 price target. The Globe reported on Aug. 6 that Exploration Insights newsletter editor Brent Cook was bullish on Roxgold. In the item he said: "There are few strong M&A targets out there and that reflects on just how hard it is to find an economic deposit. That said, I think Roxgold Inc. has a solid high margin deposit." Roxgold shares were then going for 89 cents.

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