Stifel analyst Cole McGill initiated coverage of Firefly Metals (MNXMF) with a Buy rating and C$1.60 price target FireFly’s main asset is the 100%-owned Green Bay copper and gold project in Newfoundland and since acquiring the asset, FireFly has been aggressively drilling the Ming mine and consolidating land and infrastructure around the project, the analyst tells investors. The firm sees “a dual track de-risking/drilling investment opportunity,” the analyst added.
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Read More on MNXMF:
- FireFly Metals Revises Presentation for ASX Compliance
- FireFly Metals Announces Expansion in Copper and Gold Drilling Operations
- FireFly Metals Unveils Promising Drilling Results at Green Bay Project
- FireFly Metals Expands Drilling at Green Bay Project Following Promising Results
- FireFly Metals Strengthens North American Investor Relations with Key Appointment
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