TMAC Resources’ (TMMFF) Hold Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reaffirmed their hold rating on shares of TMAC Resources (OTCMKTS:TMMFF) in a report issued on Monday morning, reports. Royal Bank of Canada currently has a $5.00 target price on the stock.

Separately, CIBC set a $4.50 price target on TMAC Resources and gave the stock a hold rating in a report on Friday, November 1st.

TMAC Resources stock opened at $1.74 on Monday. TMAC Resources has a one year low of $1.74 and a one year high of $5.27. The business has a fifty day moving average price of $2.26 and a 200-day moving average price of $3.06.

About TMAC Resources

TMAC Resources Inc engages in exploring, evaluating, developing, and mining mineral properties in Canada. The company primarily explores for gold deposits. Its principal asset is the Hope Bay Project covering an area of 1,101 square kilometers located in the Kitikmeot region of western Nunavut Territory.

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