Macquarie analyst Austin Yun maintained a Buy rating on Sayona Mining today and set a price target of A$5.50. The company’s shares closed yesterday at $2.89.
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Yun covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals , Sayona Mining, and Lynas Rare Earths . According to TipRanks, Yun has an average return of -0.7% and a 54.55% success rate on recommended stocks.
In addition to Macquarie, Sayona Mining also received a Buy from Canaccord Genuity’s Reg Spencer in a report issued on September 22. However, yesterday, TR | OpenAI – 4o reiterated a Hold rating on Sayona Mining (Other OTC: SYAXD).
The company has a one-year high of $5.00 and a one-year low of $0.02. Currently, Sayona Mining has an average volume of 4,661.
Read More on SYAXD:
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