In a report released today, Ryan Walker from Echelon Wealth Partners maintained a Buy rating on Bunker Hill Mining (BHLL – Research Report), with a price target of C$0.60. The company’s shares closed last Wednesday at $0.11, close to its 52-week low of $0.10.
According to TipRanks.com, Walker is a 3-star analyst with an average return of 3.2% and a 46.2% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Canada Nickel Company, Osino Resources, and RosCan Gold.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bunker Hill Mining with a $0.47 average price target.
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Bunker Hill Mining’s market cap is currently $19.42M and has a P/E ratio of -1.18.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BHLL in relation to earlier this year.
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Bunker Hill Mining Corp. is an exploration stage company. It focuses on the exploration, acquisition and development of mining and mineral properties. Its project include The Bunker Hill Mine. The company was founded by William J. Tafuri on February 20, 2007 and is headquartered in Toronto, Canada.
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