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Analysts Offer Insights on Materials Companies: Golden Minerals Co (AUMN) and Loop Industries (LOOP)

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There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Golden Minerals Co (AUMNResearch Report) and Loop Industries (LOOPResearch Report) with bullish sentiments.

Golden Minerals Co (AUMN)

In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Golden Minerals Co, with a price target of $1.00. The company’s shares closed last Wednesday at $0.37, close to its 52-week low of $0.31.

According to TipRanks.com, Ihle is a 5-star analyst with an average return of 14.0% and a 42.0% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Americas Gold and Silver.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Golden Minerals Co with a $1.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Loop Industries (LOOP)

H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Loop Industries today and set a price target of $23.00. The company’s shares closed last Wednesday at $10.21.

According to TipRanks.com, Dayal is a top 100 analyst with an average return of 55.4% and a 46.7% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as TOMI Environmental Solutions, Renovare Environmental, and Ballard Power Systems.

Loop Industries has an analyst consensus of Moderate Buy, with a price target consensus of $21.25.

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