y at Mackie (CZN)
Posted by Seth Barnet on Sep 19th, 2013 // No Comments
Canadian Zinc Corp. (TSE:CZN) was upgraded by investment analysts at Mackie from a “hold” rating to a “speculative buy” rating in a note issued to investors on Thursday, StockRatingsNetwork reports. The firm currently has a C$0.75 price target on the stock, up from their previous price target of C$0.65. Mackie’s price objective suggests a potential upside of 8.70% from the stock’s previous close.
Shares of Canadian Zinc Corp. (TSE:CZN) traded down 2.90% on Thursday, hitting $0.67. 279,042 shares of the company’s stock traded hands. Canadian Zinc Corp. has a 52-week low of $0.34 and a 52-week high of $0.75. The stock has a 50-day moving average of $0.65 and a 200-day moving average of $0.51. The company’s market cap is $109.9 million.
Separately, analysts at Canaccord Genuity initiated coverage on shares of Canadian Zinc Corp. (TSE:CZN) in a research note to investors on Wednesday, September 11th. They set a “speculative buy” rating and a C$0.90 price target on the stock.