Minefinders Corp. Ltd. (NYSE: MFN) Given Neutral Rating by Zacks Investment Research Analysts
Equities research analysts at Zacks Investment Research reiterated a neutral rating on shares of Minefinders Corp. Ltd. (NYSE: MFN) in a research note to clients and investors on Tuesday.
Minefinders Corporation Ltd. (Minefinders) is in the business of exploration for, and development and mining of, precious and base metal properties. Interests in these properties are held directly and indirectly through exploitation and exploration concessions, leases, options and working interests. The Companyâs properties are located in Mexico and the United States. The Companyâs principal and only material mineral property interest is the Dolores property, located in Chihuahua, Mexico. The Company also has property interests in Sonora, Mexico (the Sonora Properties). The Sonora Properties include the resource bearing La Bolsa gold and silver deposit, the Real Viejo silver prospect and the Planchas de Plata silver prospect. The Company has other mineral property interests in northern Mexico and in the United States which are in the early exploration-stage.
Shares of Minefinders Corp. Ltd. (NYSE: MFN) traded up 1.45% during mid-day trading on Monday, hitting $11.20. Minefinders Corp. Ltd. has a 52 week low of $8.24 and a 52 week high of $11.90. The stocks 50-day moving average is $10.39 and its 200-day moving average is $9.45. On average, analysts predict that Minefinders Corp. Ltd. will post $0.00 EPS next quarter. The company has a market cap of $739.3 million and a price-to-earnings ratio of N/A.
