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G2 Goldfields (GTWO-X)
CVE:GTWO
0.98
0.02
(2.00%) 1d
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Weekly 52-Week Low (or 52-Week High): AYA-T, FAR-T, BLDP-T, LGO-T and More 52-Week Highs and Lows (Apr 17-23)This summary was created by AI, based on 2 opinions in the last 12 months.
G2 Goldfields, with symbol GTWO-X, is actively operating in Guyana with tier-one gold deposits, making it a potential takeover target. There is a looming threat of Venezuela invading Guyana to take over their resource-rich territory. Additionally, the company is operating in a district with hopes of becoming Tier 1 with favorable geography, and benefiting from Guyana's newfound fiscal stability due to oil discovery. There is a possibility of a future merger with a neighboring company or being acquired by a larger one, with both management teams working towards creating value before any such event occurs.
N/A
Owned
Operating in what he hopes will become a Tier 1 district, which means 10M+ ounces. A bit of a stretch, but geography is amenable. Guyana itself has newly found fiscal stability with discovery of 10B barrels of recoverable oil.
Suspects will eventually merge with GTWO, as they're so close together. Or get taken out simultaneously by a larger company. Both management teams get along, and will each work to create value before any of this happens.
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G2 Goldfields(GTWO-X) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
G2 Goldfields(GTWO-X) Frequently Asked Questions
What is G2 Goldfields stock symbol?
G2 Goldfields is a Canadian stock, trading under the symbol GTWO-X on the TSX Venture Exchange (GTWO-CV). It is usually referred to as TSXV:GTWO or GTWO-X
Is G2 Goldfields a buy or a sell?
In the last year, 2 stock analysts published opinions about GTWO-X. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for G2 Goldfields.
Is G2 Goldfields a good investment or a top pick?
G2 Goldfields was recommended as a Top Pick by on . Read the latest stock experts ratings for G2 Goldfields.
Why is G2 Goldfields stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is G2 Goldfields worth watching?
2 stock analysts on Stockchase covered G2 Goldfields In the last year. It is a trending stock that is worth watching.
What is G2 Goldfields stock price?
On 2024-04-08, G2 Goldfields (GTWO-X) stock closed at a price of $0.98.
Are active in Guyana, but Venezuela threatens to invade Guyana and take over their resource-rich territory. But GTWO has tier-one gold deposits which would make it a takeover target.