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Blue Moon Metals initiated with a Speculative Buy at Canaccord

Canaccord analyst Dalton Baretto initiated coverage of Blue Moon Metals (BMOOF) with a Speculative Buy rating and C$6 price target The company owns a portfolio of three brownfield polymetallic assets seeks to bring them into production over the next five years, the analyst tells investors in a research note. Canaccord views Blue Moon as a “compelling investment option” for investors looking for base metals growth.

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