BMO Capital Markets upgraded shares of TMAC Resources (OTCMKTS:TMMFF) from a market perform rating to an outperform rating in a report released on Thursday morning, The Fly reports.
Separately, CIBC reissued a hold rating on shares of TMAC Resources in a research report on Sunday, January 20th.
Shares of TMAC Resources stock opened at $3.31 on Thursday. TMAC Resources has a 52-week low of $2.71 and a 52-week high of $5.66.
TMAC Resources Inc engages in exploring, evaluating, developing, and mining mineral properties in Canada. The company primarily explores for gold deposits. Its principal asset is the Hope Bay Project covering an area of 1,101 square kilometers located in the Kitikmeot region of western Nunavut Territory.
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