tiprankstipranks

McEwen Mining initiated with an Outperform at National Bank

National Bank initiated coverage of McEwen Mining (MUX) with an Outperform rating and C$20 price target The company’s Los Azules copper mega-project shows mega-rerate potential, though the stock’s The valuation disparity is largely explained by the Los Azules project stage, time until start of development, financing and construction de-risking, and the constraints faced by a junior to clear these value impediments, the analyst tells investors in a research note.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue