Marifil Mines (MFM) Given a C$0.31 Price Target at Fundamental Research

Marifil Mines (CVE:MFM) has been given a C$0.31 target price by investment analysts at Fundamental Research in a note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Fundamental Research’s target price would indicate a potential upside of 158.33% from the company’s current price.

Shares of CVE MFM traded up C$0.01 during midday trading on Wednesday, hitting C$0.12. 26,200 shares of the stock traded hands, compared to its average volume of 31,377. Marifil Mines has a one year low of C$0.03 and a one year high of C$0.24.

Marifil Mines Company Profile

Marifil Mines Limited engages in acquiring, exploring, and evaluating mineral resource properties in Argentina. It primarily explores for lithium, gold, silver, indium, nickel, copper, cobalt, platinum, biogenic sulfur, zinc, and lead deposits, as well as oil and gas. The company was incorporated in 2003 and is based in Vancouver, Canada.

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