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Scotgold Share Price

The Scotgold share price has been on a roller coaster ride in recent years. After hitting an all-time high in 2011, the shares slumped to a low of just 30p in 2016. However, they have since recovered and are now trading at around 70p.

Despite this volatile history, Scotgold remains one of the most popular gold mining stocks on the London Stock Exchange. The company is headquartered in Scotland and operates the only commercial gold mine in the country. It also has substantial operations in Australia.

It’s been a rollercoaster ride for shareholders of Scotgold Resources (LSE: SGZ) over the past year. The share price has more than doubled, but then fallen back sharply. So, what’s next for the Scotgold share price?

The company is currently developing its Cononish gold project in Scotland and recently received planning permission to expand the mine. This should lead to an increase in production and, ultimately, profits. With the gold price remaining near record levels, Scotgold is well-positioned to benefit from this tailwind.

Looking further ahead, there could be even more upside for the Scotgold share price if it can successfully develop its other projects in Scotland. There’s significant potential here and management are confident that they can create value for shareholders over the long term. So, while it hasn’t been plain sailing in recent months, things look set to improve for Scotgold going forward.

The shares could still be worth a buy at current levels given the company’s promising outlook.

Scotgold Share Price Forecast

It is no secret that the Scotgold share price has been on a rollercoaster ride over the past year. The company’s share price has surged from 10p to 140p, before crashing back down to 25p. This volatility is not surprising given the fact that Scotgold is a speculative mining stock and its share price is highly dependent on the gold price.

With this in mind, we thought it would be interesting to take a look at what analysts are saying about Scotgold’s share price over the next 12 months. We have compiled a list of five different analyst forecasts, all of which can be found below. 1) Liberum Capital – 85p target price (up from 80p)

2) Peel Hunt – 110p target price (down from 120p) 3) Shore Capital – 135p target price (down from 155p) 4) Canaccord Genuity – 150p target price (up from 145 pence per share).

5) Berenberg Bank – 125 pence per share (no change).

Scotgold Share Price

Credit: www.thisismoney.co.uk

Is Scotgold a Good Investment?

Scotgold is a good investment for those looking to invest in gold. Scotgold is a company that mines and produces gold, so investors are able to get exposure to the metal without having to own it directly. Scotgold has a strong track record of growth and profitability, which makes it an attractive option for investors.

The company is also well-positioned to benefit from rising gold prices, as its costs are relatively low.

Can I Buy Shares in Scotgold?

Yes, you can buy shares in Scotgold. The company is listed on the London Stock Exchange and you can buy shares through a broker. Scotgold is a gold mining and exploration company with operations in Scotland and Australia.

The company has a market capitalization of £130 million and its share price is around 15p.

Who Owns Scotgold Resources?

Scotgold Resources is a publicly traded company on the London Stock Exchange. The company is headquartered in Scotland and is engaged in the exploration, development and mining of gold deposits in Scotland. Scotgold was founded in 2007 and its current CEO is Richard Gray.

SCOTGOLD RESOURCES LIMITED – Production, Operations and Strategy update

Conclusion

The Scotgold share price is up today after the company announced that it had successfully extracted gold from ore at its Cononish mine in Scotland. This is a significant milestone for the company, as it marks the first time that it has been able to produce gold from Scottish ore. Scotgold believes that there is considerable potential for gold mining in Scotland, and this latest news will no doubt add to investor confidence in the company.

With shares currently trading at around 16p, there is certainly scope for further upside in the Scotgold share price over the coming months.

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