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St Barbara upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital upgraded St Barbara (STBMF) to Outperform from Sector Perform with a price target of A$0.95, up from A$0.75. The firm thinks “considerable latent value” from the Simberi Sulphide project could soon potentially be unlocked with a tax dispute resolution and mining license decision, the analyst tells investors.

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