Noront was one of five stocks mentioned today in a newletter called Smartrend.
http://www.mysmartrend.com/news-briefs/news-watch/relatively-high-upside-potential-detected-shares-gulf-resources-diversified-m
Relatively High Upside Potential Detected in Shares of Gulf Resources in the Diversified Metals & Mining Industry (GFRE, NAK, AVARF, NOSOF, EGI)
Written on Wed, 06/01/2011 - 6:28am
By Amy Schwartz
Below are the top five companies in the Diversified Metals & Mining industry as measured by the potential gains between the current stock price and the projected average analyst target.
Gulf Resources (NASDAQ:GFRE) has a potential upside of 192.4% based on a current price of $3.42 and an average consensus analyst price target of $10.
Northern Dynasty Minerals (AMEX:NAK) has a potential upside of 144.8% based on a current price of $12.59 and an average consensus analyst price target of $30.82.
Avalon Rare Metals (NASDAQ:AVARF) has a potential upside of 142.2% based on a current price of $4.8 and an average consensus analyst price target of $11.63.
Noront Resources (NASDAQ:NOSOF) has a potential upside of 116.2% based on a current price of $0.78 and an average consensus analyst price target of $1.69.
Entree Gold (AMEX:EGI) has a potential upside of 113.4% based on a current price of $2.41 and an average consensus analyst price target of $5.14.
SmarTrend currently has shares of Noront Resources in an Downtrend and issued the Downtrend alert on May 05, 2010 at $1.32. The stock has fallen 40.9% since the Downtrend alert was issued
