Stichting Depositary Plethora Precious Metals Fund Reports Early Warning Report in respect of Prosper Gold Corp. (TSXV: PGX)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 11 2024
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Source: Globenewswire
Acquisition Details: Stichting Depositary Plethora Precious Metals Fund has increased its holdings in Prosper Gold Corp. to over 10% of the company's shares following the acquisition of 1,500,000 common shares and warrants on October 10, 2024.
Regulatory Compliance: The increase in ownership requires Plethora to file an early warning report under Canadian securities regulations, as they have now become an insider of Prosper Gold Corp.
Analyst Views on PGX
Wall Street analysts forecast PGX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PGX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
