Roth Capital analyst Joe Reagor raised the firm’s price target on GoldMining (GLDG) to $2.80 from $2.60 and keeps a Buy rating on the shares. The firm cites appreciation of the company’s investments in recent months for the target bump. The additional drilling at GoldMining’s Sao Jorge project shows there is potential for resource growth at the project, the analyst tells investors in a research note.
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