GBC cuts Zefiro Methane price target to USD 1.42 from USD 1.50
Bitget2026/10/28 09:01- GBC maintained its Buy rating on Zefiro Methane, cutting its June 30, 2027, price target to USD 1.42 from USD 1.5.
- The October 28, 2026, report attributed the reduction to share and warrant dilution from the recent capital increase.
- Net proceeds totaled approximately CAD 4.7 million, strengthening liquidity.
- Government-funded well-plugging backlog reached approximately USD 40 million, covering projects through June 2029.
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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