Global Atomic initiated with a Speculative Buy at Canaccord

Canaccord initiated coverage of Global Atomic with a Speculative Buy rating and C$4.75 price target. Global Atomic, which is advancing the Dasa high-grade uranium deposit project in the Republic of Niger, also has a 49% stake in the Befesa Silvermet Turkey JV, which is a cash-flowing zinc concentrate operation in Turkey, says the firm, which calls the stock “a compelling investment for investors looking for exposure to uranium through an advanced-stage project with a near-term path to production.”