Renegade Gold Inc. has seen notable price movements this week, reflecting its ongoing developments in the mining sector.
This week, Renegade Gold Inc. (RAGE.V) experienced a 4.29% increase in its stock price on Wednesday, though it remains down 3.95% over the past week. As the company continues to expand its operations and explore new opportunities, investors are keenly observing its progress amidst a challenging market environment.
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Renegade Gold Inc.
RAGE.V
RAGE.V
Renegade Gold Inc.
WealthAwesomeMarket cap
$14.63M
52W high
$0.78
52W low
$0.26
1W change
-3.95%
Beta
0.74
Analyst Price Targets
Based on analyst covering RAGE
Wall Street analysts forecast RAGE stock price to rise 132.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.85
+132.9% Upside
Current Price
C$0.36
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RAGE's historical volatility
30-Day Vol
86.8%
Annualized
90-Day Vol
79.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.31
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$0.34 | C$0.25 โ C$0.46 |
| 60 trading days | C$0.32 | C$0.21 โ C$0.49 |
| 90 trading days | C$0.31 | C$0.18 โ C$0.51 |
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: Despite recent fluctuations, Renegade Gold's strategic moves in land acquisition and exploration could position the company favorably for future growth, appealing to investors interested in the materials sector.
Renegade Gold Inc. Stock Performance Overview
With a market cap of approximately C$14.6 million and a current trading price of C$0.37, Renegade Gold's stock is trading near the lower end of its 52-week range of C$0.26 to C$0.78.
Bull case
The recent expansion of the Red Lake land package and the identification of new exploration targets could enhance Renegade Gold's resource potential. This makes it an attractive option for long-term investors looking for growth in the mining sector.
Bear case
However, the company faces challenges, including a negative profit margin and a significant drop in year-to-date performance. These factors may raise concerns for risk-averse investors.
Recent Price Action
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Renegade Gold Inc. (RAGE.V) closed at C$0.37 on Wednesday, reflecting a 4.29% increase for the day. However, the stock has seen a decline of 3.95% over the past week and a 5.19% drop over the last month. Year-to-date, the stock is down 6.41%, indicating a challenging market environment for the company.
Company Developments
Renegade Gold has been active in recent months with several strategic developments. In February 2026, the company expanded its Red Lake exploration footprint by acquiring 105 unpatented mining claims, increasing its land package to approximately 100,150 hectares. Additionally, in May 2026, Renegade Gold reported the identification of new exploration targets following a high-resolution UAV-borne magnetic survey at its Confederation Project. These developments could potentially enhance the company's resource base and future exploration efforts.
Technical Picture
From a technical perspective, Renegade Gold's stock is currently trading above its 50-day moving average of C$0.35 by 4.8%, while it remains below its 200-day moving average of C$0.43 by 14.1%. The stock has a beta of 0.74, indicating lower volatility compared to the market. The 52-week price range of C$0.26 to C$0.78 shows that the stock is currently trading at approximately 21% of its range. Volume for the latest trading session was 37,000 shares, which is significantly lower than the 20-day average volume of 20,573 shares, reflecting reduced trading activity.
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