BMO Capital resumed coverage of DPM Metals (DPMLF) with an Outperform rating and $36 price target following the completion of the company’s acquisition of London-based Adriatic Metals plc. The addition of the Vares mine in Bosnia and Herzegovina strengthens DPM’s production profile and outlook, says the analyst, who views DPM as currently in a strong position to deliver production growth and return capital to shareholders.
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