Renegade Gold Inc. has seen a notable uptick in its stock performance this week, reflecting a potential shift in investor sentiment.
This week, Renegade Gold Inc. (RAGE.V) has experienced a 10.14% increase in stock price, closing at C$0.38. Despite this positive movement, the stock remains down 2.56% year-to-date, highlighting the volatility often associated with the materials sector.
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Renegade Gold Inc.
RAGE.V
RAGE.V
Renegade Gold Inc.
WealthAwesomeMarket cap
$15.23M
52W high
$0.78
52W low
$0.26
1W change
+10.14%
Beta
0.74
Analyst Price Targets
Based on analyst covering RAGE ยท as of Sep 17, 2026
Wall Street analysts forecast RAGE stock price to rise 123.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.85
+123.7% Upside
Current Price
C$0.38
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RAGE's historical volatility
30-Day Vol
96.8%
Annualized
90-Day Vol
75.3%
Annualized
Trend (90d)
-21.5%
Annualized drift
90d Mean
C$0.35
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$0.37 | C$0.27 โ C$0.52 |
| 60 trading days | C$0.36 | C$0.23 โ C$0.58 |
| 90 trading days | C$0.35 | C$0.20 โ C$0.63 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: While Renegade Gold's recent performance may pique investor interest, the lack of significant news and the stock's historical volatility should encourage caution. Investors should consider both the technical indicators and the broader market context before making investment decisions.
52-week range: C$0.26 โ C$0.78
Currently, Renegade Gold's stock is trading at 23% of its 52-week range, indicating potential for both upside and downside movement depending on market conditions.
Bull case
Analysts have set an average target of C$0.85 for Renegade Gold, suggesting a potential upside of 123.7% from the current price. This optimistic outlook, along with the recent price strength, may draw in investors seeking growth opportunities in the materials sector.
Bear case
Despite the recent price increase, Renegade Gold's fundamentals raise some concerns. The company has a negative return on equity (ROE) of -39.6% and a profit margin of 0.0%. These factors, combined with the stock's year-to-date decline, may deter risk-averse investors.
Recent Price Action
Renegade Gold Inc. has experienced a 10.14% increase in its stock price this week, closing at C$0.38. This uptick contrasts with a year-to-date decline of 2.56%, indicating a mixed performance over the longer term.
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Technical Picture
The stock is currently trading above its 50-day moving average of C$0.36 by 6.4%, while it remains below its 200-day moving average of C$0.43 by 12.5%. The 52-week range for RAGE.V is C$0.26 to C$0.78, with the current price reflecting 23% of that range. The stock's beta is 0.74, suggesting lower volatility compared to the broader market. Recent trading volume has been relatively low, with the latest volume at 4,000 shares compared to a 20-day average of 14,616 shares, indicating a volume ratio of 0.27x.
Insider Activity
No insider activity has been reported for Renegade Gold Inc. in recent weeks.
Market Sentiment
Despite the positive price movement, Renegade Gold's fundamentals show a profit margin of 0.0% and an ROE of -39.6%. The average analyst target of C$0.85 presents a bullish outlook, suggesting potential for significant upside, but investors should weigh these projections against the company's current performance metrics.
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