Redstar Gold (OTCMKTS:SRAFF) Lowered to “Sell” at Goldman Sachs Group

Goldman Sachs Group cut shares of Redstar Gold (OTCMKTS:SRAFF) from a neutral rating to a sell rating in a report published on Tuesday morning, The Fly reports. The analysts noted that the move was a valuation call.

OTCMKTS:SRAFF opened at $0.17 on Tuesday. Redstar Gold has a twelve month low of $0.11 and a twelve month high of $0.31. The business’s 50 day moving average is $0.19.

Redstar Gold Company Profile

Sandfire Resources America Inc acquires, explores for, and develops resource properties in the United States and Canada. The company explores for copper, cobalt, zinc, lead, and silver deposits. Its flagship property is the Black Butte copper project that consists of approximately 7,684 acres of fee-simple lands and 4,541 acres in 239 Federal unpatented lode-mining claims located in central Montana, the United States.

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