penny stocks News & Analysis
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Market Mood
USAS Price Target Increased to C$12 by BMO Capital on Performance
BMO Capital has raised the price target for Americas Gold and Silver Corporation (USAS) from C$10 to C$12, maintaining an Outperform rating. The company reported strong operational performance with a year-over-year quarterly revenue growth of 187.90% and highlighted its sustained production momentum at the Galena Complex. Over the past three years, USAS has outperformed the market by 285%. This positive outlook and operational focus on antimony could create further investor interest in the stock.
Read More: USAS Price Target Increased to C$12 by BMO Capital on Performance
Burford Capital (BUR) Price Target Cut: BofA Sees $5.61 Value
BofA Securities has reiterated Burford Capital Limited (BUR) as a Buy, while reducing the price target from $12.10 to $5.61. This adjustment was informed by a three-year rolling Cash Return on Tangible Equity of 20%. Burford has generated over $1.2 billion in cash proceeds in the last two years and is expected to produce over $5 billion over time. The company's income rating was also adjusted to 9 from 7 due to the absence of a cash dividend, but its strong cash position and growth prospects are highlighted.
Read More: Burford Capital (BUR) Price Target Cut: BofA Sees $5.61 Value