Sid Rajeev, Head of Research from Fundamental Research Corp. starred in The Globe and Mail this past Thursday, in the article titled: “Thursday’s analyst upgrades and downgrades” written by David Leeder on August 21, 2020 :
“Shares of Inca One Gold Corp. (IO-X) “look undervalued,” according to Fundamental Research analyst Sid Rajeev.
He initiated coverage of the Vancouver-based miner, which is currently the largest gold ore processor in Peru, with a “buy” rating, noting management, board members and key investors currently hold 48 per cent of outstanding shares.
He set a fair value for its shares of $1.44.”
Source: The Globe and Mail: Thursday’s analyst upgrades and downgrades