Desjardins initiated coverage of Silver Tiger Metals (SLVTF) last night with a Buy rating and C$0.80 price target The company is a near-term silver-gold producer, with its flagship El Tigre project currently awaiting permits to advance the open pit project to construction, the analyst tells investors in a research note. The firm says that with expected annual production of 4.8moz Ageq from the open pit operation, it expects Silver Tiger could “attract attention from silver producers looking to increase silver production.” It believes current trading levels offer an attractive entry point, e
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