Renegade Gold Inc. faces recent declines amid unchanged market sentiment.
This week, Renegade Gold Inc. (RAGE.V) has seen a downturn in its stock price, reflecting broader market sentiments and investor caution. The stock closed at C$0.38, down 2.78% on the day and 7.89% over the past week.
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Renegade Gold Inc.
RAGE.V
RAGE.V
Renegade Gold Inc.
WealthAwesomeMarket cap
$14.02M
52W high
$0.78
52W low
$0.26
1W change
-7.89%
Beta
0.74
Analyst Price Targets
Based on analyst covering RAGE · as of Sep 17, 2026
Wall Street analysts forecast RAGE stock price to rise 142.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.85
+142.9% Upside
Current Price
C$0.35
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
101.1%
Annualized
90-Day Vol
76.2%
Annualized
Trend (90d)
-45.4%
Annualized drift
90d Mean
C$0.30
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.33 | C$0.23 – C$0.47 |
| 60 trading days | C$0.31 | C$0.19 – C$0.51 |
| 90 trading days | C$0.30 | C$0.16 – C$0.54 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should note the recent performance of Renegade Gold Inc. as it navigates a challenging market environment, with no significant news or catalysts to drive price action.
Stock Performance Overview
Renegade Gold Inc. has experienced a 10.26% decline year-to-date, despite a recent uptick in its 50-day moving average.
Bull case
Analysts are optimistic, with an average target price of C$0.85, indicating potential for significant gains. The stock's beta of 0.74 suggests it’s less volatile than the market, which could appeal to risk-averse investors.
Bear case
However, the company’s negative return on equity (-39.6%) and lack of profit margin raise concerns about its financial health and the sustainability of its operations. Investors may want to consider these factors when evaluating their investment in Renegade Gold Inc.
Recent Price Action
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Renegade Gold Inc. closed at C$0.38, marking a drop of 2.78% on Monday. Over the last week, the stock has decreased by 7.89%, extending its year-to-date decline to 10.26%. This downward trend suggests cautious investor sentiment, particularly in the absence of any significant company news.
Technical Picture
Looking at the technical indicators, Renegade Gold Inc. is currently trading above its 50-day moving average of C$0.36, which is a positive sign (+5.0% vs. price). However, it remains below its 200-day moving average of C$0.44, indicating potential long-term challenges (-12.9% vs. price). The stock has a 52-week range of C$0.26 to C$0.78, with its current price at approximately 23% of this range. The volume of 8,000 shares traded is 1.40 times the 20-day average of 14,525 shares, indicating increased trading activity, although the overall sentiment remains subdued.
Market Outlook
Despite the recent declines, analysts maintain a bullish outlook for Renegade Gold Inc., with an average target price of C$0.85, representing an implied upside of 123.7% from the current price. This optimism is tempered by the company's financial challenges, including a profit margin of 0.0% and a return on equity of -39.6%. Investors should weigh these factors carefully when considering their positions.
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