ARAFURA RESOURCES IS AMONG THE COMPANIES IN THE DIVERSIFIED METALS & MINING INDUSTRY WITH THE HIGHEST UPSIDE POTENTIAL (ARAFF, EGI, PLM, NOSOF, KBX)
Jan 19, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the top five companies in the Diversified Metals & Mining industry as measured by the potential gains between the current stock price and the projected average analyst target.
Arafura Resources (NASDAQ:ARAFF) has a potential upside of 140.4% based on a current price of $1.48 and an average consensus analyst price target of $3.56.
Entree Gold (AMEX:EGI) has a potential upside of 73.5% based on a current price of $2.91 and an average consensus analyst price target of $5.05.
Polymet Mining (AMEX:PLM) has a potential upside of 70.6% based on a current price of $2.3 and an average consensus analyst price target of $3.92.
Noront Resources (NASDAQ:NOSOF) has a potential upside of 61% based on a current price of $0.93 and an average consensus analyst price target of $1.5.
Kimber Resources (AMEX:KBX) has a potential upside of 60.1% based on a current price of $1.28 and an average consensus analyst price target of $2.05.
SmarTrend currently has shares of Entree Gold in an Uptrend and issued the Uptrend alert on July 14, 2010 at $2.24. The stock has risen 29.9% since the Uptrend alert was issued.
Write to Chip Brian at cbrian@tradethetrend.com