GBC AG keeps BUY on Antimony Resources, sets target price at CAD 2.66
Reuters2026/08/14 09:00- GBC AG reiterated a BUY rating on Antimony Resources, setting a target price of CAD 2.66 for Dec. 31, 2027.
- Report cited 9-month results in line with expectations, with no revenue as Bald Hill remains in exploration.
- Free cash flow totaled CAD -9.53 million, funded by CAD 12.64 million of capital raises; cash stood at CAD 4.86 million.
- NI 43-101 technical report outlined an exploration target of 69,994 to 92,782 metric tons at 3% Sb.
- Valuation update lifted enterprise value to CAD 324.45 million; fair value per share cut to CAD 2.66 on 121,840,000 shares.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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