Ben Pirie, an analyst from Atrium Research, maintained the Buy rating on Lion One Metals. The associated price target is C$0.60.
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Ben Pirie has given his Buy rating due to a combination of factors tied to Lion One’s recent strategic changes and operational progress. He highlights the sizable premium investment from Arete Capital, which secures a meaningful equity stake, board representation, and anti-dilution protections, signalling strong, aligned support from a specialist mining investor and providing capital for growth.
Pirie also points to the operational upside from bringing in Arete as operator of the Tuvatu mine and the appointment of Campbell Olsen as CEO, both of which introduce experienced, mining-focused leadership. Early signs of mine optimization under the new team, alongside a clear plan to accelerate development, support his view that the company’s risk‑reward profile is attractive at current levels, justifying a Buy rating and reinforcing his target price of $0.60 per share.
According to TipRanks, Pirie is a top 25 analyst with an average return of 73.7% and a 70.79% success rate.