The Globe and Mail reports in its Tuesday, Aug. 29, edition that Roth MKM analyst Joe Reagor continues to rate Guanajuato Silver "buy." The Globe's David Leeder writes in the Eye On Equities column that Mr. Reagor lowered his share target by a nickel to 50 cents. Analysts on average target the shares at 81 cents. Mr. Reagor cites the impact of dilution from its recent financing for his share target tweak. Mr. Reagor says in a note: "We note that lower-than-anticipated Q2 results also impacted our valuation slightly. However, we are maintaining our 'buy' rating as we believe Guanajuato Silver should continue to demonstrate operational improvement in the quarters ahead." The Globe reported on April 21 that Echelon Partners analyst Gabriel Gonzalez rated Guanajuato Silver "speculative buy" in new coverage. He targeted the shares at 85 cents. Analysts on average were much more bullish than Mr. Gonzalez, targeting the shares at $1.08. In the item, Mr. Gonzalez said Guanajuato is "building opportunity in a premier mining district" of Mexico. Guanajuato shares could then be had for 60 cents.
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