RBC Capital downgraded De Grey Mining (DGMLF) to Sector Perform from Outperform with a price target of A$2, up from A$1.80. The firm considers a deal for De Grey as likely and the current Northern Star deal as placing a “floor valuation on the stock.”
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DGMLF: