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Noble Financial analyst Mark Reichman maintained a Buy rating on Great Bear Resources (GTBAF – Research Report) today and set a price target of $22.00. The company’s shares closed last Friday at $15.69.
According to TipRanks.com, Reichman is a 1-star analyst with an average return of -1.5% and a 32.7% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver, Comstock Mining, and Chakana Copper.
Great Bear Resources has an analyst consensus of Strong Buy, with a price target consensus of $21.46, which is a 33.7% upside from current levels. In a report issued on November 16, CIBC also maintained a Buy rating on the stock with a C$27.00 price target.
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The company has a one-year high of $18.03 and a one-year low of $10.08. Currently, Great Bear Resources has an average volume of 16.97K.
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Great Bear Resources Ltd. is a mineral exploration company. It engages in the acquisition, exploration and development of mineral properties. It holds interest in Dixie and West Madsen projects. The company was founded on December 6, 2001 and is headquartered in Vancouver, Canada.
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