Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Rua Gold Inc., a resource exploration firm based in Vancouver, Canada, concentrates its efforts on identifying, assessing, and acquiring mineral properties throughout New Zealand. The company's primary focus lies in the exploration for gold deposits. Rua Gold holds full ownership of two key projects: 1. The Reefton Project: This project consists of three adjacent prospecting and exploration permits, collectively spanning 56,104.82 hectares. It is situated within the historic Reefton Goldfield in the Buller Province, located on New Zealand's South Island. 2. The Glamorgan Project: Covering an area of 4,644.5 hectares, this project is positioned in the south-central portion of the Coromandel Range, to the west of Whangamata Township.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.
Target Price
The average target price of RUA.V is 2.5 and suggests 88% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa