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Dacian Gold Ltd. (DCCNF) Receives a Hold from Canaccord Genuity

According to TipRanks.com, McCormack has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -14.3% and a 23.3% success rate. McCormack covers the Basic Materials sector, focusing on stocks such as Silver Lake Resources Limited, Northern Star Resources Ltd, and Ramelius Resources Limited.

Dacian Gold Ltd. has an analyst consensus of Hold, with a price target consensus of $0.07, representing a -6.7% downside. In a report issued on July 6, Macquarie also upgraded the stock to Hold with a price target.

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Dacian Gold Ltd.’s market cap is currently $77.21M and has a P/E ratio of -1.25.

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Dacian Gold Ltd is a gold development and exploration company with activities at Mount Morgans Gold Project in Western Australia. The project area is more than 500 sq km comprising granted mining leases. The company’s gold production was sourced from an open pit mining complex at Jupiter and an underground mine at Westralia. Its other exploration projects include Westralia Deposit, Allanson Deposit, Beresford Deposit, And Jupiter Deposit.

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