GoldMining price target raised to $5.25 from $4.50 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on GoldMining to $5.25 from $4.50 and keeps a Buy rating on the shares. The analyst expects the company’s drill program to provide an improved understanding of the Sao Jorge deposit while developing new targets for possible discoveries.