Scotiabank analyst Eric Winmil initiated coverage of AbraSilver Resource (ABBRF) with an Outperform rating and C$5 price target The company’s flagship project, Diablillos, is a pre-development stage silver and gold project in Argentina, the analyst tells investors in a research note. The firm says Diablillos represents a “highly compelling, long-life silver-gold development project in a market where new silver-focused projects are in short supply.”
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