RBC Capital analyst Paul Wiggers de Vries initiated coverage of Firefly Metals (MNXMF) with an Outperform rating and A$1.55 price target FireFly offers a well-advanced, partially permitted copper/gold project with significant underground development, notes the analyst, who expects FireFly will explore and develop the Green Bay copper-gold project in Newfoundland, Canada over the next four years ahead of starting production in FY28.
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Read More on MNXMF:
- FireFly Metals Expands with Tilt Cove Acquisition
- FireFly Metals Plans New Share Issuance
- FireFly Metals Boosts Resources at Green Bay Project
- FireFly Metals Boosts Green Bay Copper-Gold Resources
- FireFly Metals Issues New Shares on ASX
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
