Gold Standard Ventures Corp (AMEX: GSV) is 3.72% higher on its value in year-to-date trading and has touched a low of $0.27 and a high of $1.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GSV stock was last observed hovering at around $0.74 in the last trading session, with the day’s gains setting it 0.01% off its average median price target of $1.39 for the next 12 months. It is also 57.63% off the consensus price target high of $1.77 offered by 2 analysts, but current levels are 25.74% higher than the price target low of $1.01 for the same period.
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Currently trading at $0.75, the stock is 3.01% and 2.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.89 million and changing 1.45% at the moment leaves the stock -1.37% off its SMA200. GSV registered 3.08% gain for a year compared to 6-month loss of -20.26%. The firm has a 50-day simple moving average (SMA 50) of $0.7236 and a 200-day simple moving average (SMA200) of $0.7625.
The stock witnessed a 11.60% gain in the last 1 month and extending the period to 3 months gives it a 8.31%, and is -12.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.39% over the week and 9.44% over the month.
Distance from 52-week low is 176.70% and -34.15% from its 52-week high.
Gold Standard Ventures Corp (GSV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Gold Standard Ventures Corp (GSV) is a “Buy”. 2 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Gold Standard Ventures Corp is expected to release its quarterly report on 05/10/2021 and quarterly earnings per share for the current quarter are estimated at -$0.02.The EPS is expected to shrink by -25.00% this year.
Gold Standard Ventures Corp (GSV) Top Institutional Holders
61 institutions hold shares in Gold Standard Ventures Corp (GSV), with 25.76M shares held by insiders accounting for 8.17% while institutional investors hold 42.92% of the company’s shares. The shares outstanding are 357.48M, and float is at 273.94M with Short Float at 1.39%. Institutions hold 39.41% of the Float.
The top institutional shareholder in the company is FMR, LLC with over 22.27 million shares valued at $16.12 million. The investor’s holdings represent 7.00% of the GSV Shares outstanding. As of Dec 30, 2020, the second largest holder is Van Eck Associates Corporation with 17.95 million shares valued at $12.99 million to account for 5.64% of the shares outstanding. The other top investors are Sun Valley Gold LLC which holds 17.19 million shares representing 5.41% and valued at over $13.41 million, while Franklin Resources, Inc. holds 1.71% of the shares totaling 5.45 million with a market value of $3.94 million.