Last report I have from TD with $1.50 target for ECU
posted on
Mar 14, 2011 12:10AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Thought I would post this section of the TD update from Dec, 2010, ECU has a $1.50 target and associated with some good companies on this list. I aplogoze for the Tables but the PDF format doesn't easily copy. This just shows that TD still follows the company and I know they will respond with a higher target once drill data starts to flow and the scoping study is published.
Action Notes
December 8, 2010
Equity Research
2 of 14 Exhibit 2. TD Newcrest Target Price and Rating Changes Target Price Return to Recommendation Old New Target Old New Large caps Barrick Gold $61.00 $65.00
20.9% BUY BUY
Goldcorp $59.00 $62.00
32.9% AL BUY AL BUY
Kinross Gold $24.00 $24.00 29.6% BUY BUY Agnico-Eagle Mines $75.00 $80.00
-5.5% HOLD HOLD
Eldorado Gold C$21.00 C$21.00 13.8% BUY BUY Yamana Gold $14.00 $16.00
29.4% BUY BUY
IAMGOLD C$25.00 C$25.00 46.4% BUY BUY
Mid/small cap producers
Silver Wheaton $29.00 $42.00
6.5% HOLD HOLD
Franco-Nevada C$39.00 C$39.00 17.0% HOLD HOLD Centerra Gold C$19.00 C$20.00
-6.0% HOLD HOLD
Pan American Silver $46.00 $49.00
23.9% BUY BUY
New Gold $8.50 $10.00
2.9% HOLD HOLD
Alamos Gold C$20.00 C$22.00
8.2% BUY BUY
San Gold C$4.00 C$4.00 17.3% HOLD HOLD Lake Shore Gold C$5.00 C$5.00 22.5% BUY BUY Northgate Minerals $3.50 $3.50 15.1% HOLD HOLD Gammon Gold C$6.50 C$7.50
-3.2% HOLD HOLD
Jaguar Mining C$7.00 C$7.50
1.4% HOLD HOLD
Minefinders C$8.50 C$9.50
-11.6% HOLD HOLD
Primero C$8.50 C$8.50 61.9% BUY BUY
Developers
Osisko Mining C$16.00 C$16.00 4.6% HOLD HOLD Detour Gold C$39.00 C$39.00 19.4% Spec. BUY Spec. BUY Andean Resources C$7.00 C$7.00 4.6% HOLD HOLD Rubicon Minerals C$10.00 C$10.00 76.1% Spec. BUY Spec. BUY Nevsun Resources C$4.50 C$6.00 -9.1% HOLD HOLD Ventana Gold ------------------------------------Restricted------------------------------------ Guyana Goldfields C$13.00 C$13.00 32.9% Spec. BUY Spec. BUY International Minerals C$7.00 C$8.00 13.2% HOLD HOLD Extorre Gold Mines C$8.00 C$10.00 56.0% Spec. BUY Spec. BUY
Exeter Resource C$8.50 C$8.50 44.3% HOLD HOLD Continental Gold C$13.00 C$13.00 30.3% Spec. BUY Spec. BUY Canaco Resources C$8.00 C$8.00 41.6% Spec. BUY Spec. BUY
ECU Silver Mining C$1.00 C$1.50 13.6% HOLD HOLD