Stockhouse Movers & Shakers: T.AVR and four undervalued gold stocks

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Shrugging off 17% production shortfall in West Africa, Canaccord analyst sees potential in Toronto mining firm as it moves to expand its open pit gold mines in Mali. In spite of missed production targets, Canaccord Genuity analyst Steven Butler is maintaining a buy rating on Avion Gold Corp. (TSX: T.AVR, Stock Forum) with a target for the stock of $3. In a weekly precious metals report, the Canaccord Genuity managing director and senior analyst also named four “most undervalued” gold stocks based on the share price versus the value of the underlying commodity (gold). They are Aura Minerals Inc. (TSX: T.ORA, Stock Forum), Keegan Resources Inc. (TSX: T.KGN, Stock Forum), Golden Star Resources Ltd. (TSX: T.GSC, Stock Forum), and Osisko Mining Corp. (TSX: T.OSK, Stock Forum).
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