Ngd stock price forecast models from several brokerages now

NGD stock price forecast models from several brokerages now factor in higher recovery rates at Rainy River, slightly lifting 2024 revenue estimates and strengthening the company’s valuation metrics. Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. Multiple analysts have issued price targets for $NGD recently. We have seen 2 analysts offer price targets for $NGD in the last 6 months, with a median target of $5.5. Options activity around the $1.75 strike has picked up, with calls outnumbering puts. This options positioning hints at bullish expectations for the NGD stock price forecast in the next two months.