Scotgold Resources Limited logo Scotgold Resources Limited (LON: SGZ)'s stock had its �buy� rating reaffirmed by research analysts at Westhouse Securities in a report released on Tuesday, AnalystRatingsNetwork.

The company, a UK listed subsidiary of Australian-listed mining firm Scotgold Resources, said the mine remains viable but it has decided not to approach the market for equity financing �until market conditions are more receptive�.

Scotgold Resources Limited (LON: SGZ) had its buy rating reaffirmed by analysts at Westhouse Securities. Westhouse Securities currently has a GBX 9 ($0.14) target price on the stock.