▼ -13.46% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for TMAC Resources in the last 3 months. The average price target is $1.50, with a high forecast of $2.00 and a low forecast of $1.00. The average price target represents a -13.46% upside from the last price of $1.73.
The current consensus among 5 investment analysts is to hold stock in TMAC Resources. This rating has held steady since November 2019, when it changed from a Buy consensus rating.
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 100% owned Hope Bay Project covering an area of 1,101 square kilometers located in the Kitikmeot region of western Nunavut Territory. TMAC Resources Inc. was incorporated in 2012 and is headquartered in Toronto, Canada.