Filo Mining (OTCMKTS:FLMMF) Stock Rating Lowered by Roth Capital

Filo Mining (OTCMKTS:FLMMF – Get Rating) was downgraded by investment analysts at Roth Capital from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

A number of other brokerages also recently issued reports on FLMMF. TD Securities assumed coverage on Filo Mining in a research report on Wednesday, October 12th. They set a “buy” rating on the stock. Scotiabank increased their price objective on shares of Filo Mining from C$24.50 to C$27.00 in a research report on Wednesday. Finally, National Bank Financial upped their price target on shares of Filo Mining from C$30.00 to C$35.00 in a report on Monday.

Filo Mining Price Performance

Shares of FLMMF stock opened at $18.26 on Wednesday. The firm has a fifty day moving average price of $15.62 and a 200-day moving average price of $13.69. Filo Mining has a 1 year low of $10.21 and a 1 year high of $21.10.

Filo Mining Company Profile

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Filo Mining Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, and development of mineral properties in Chile and Argentina. Its flagship property is the 100% owned Filo del Sol copper-gold-silver deposit located in the Atacama region of Northern Chile and adjacent San Juan province of Argentina.