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Fly News Breaks for March 3, 2020
SILV
Mar 3, 2020 | 09:09 EDT
B. Riley FBR analyst Adam Graf upgraded SilverCrest Metals to Buy from Neutral with an unchanged price target of $9.60. Shares of SilverCrest have retreated to attractive levels as part of a greater market selloff, Graf tells investors in a research note. The lower share price provides an attractive entry point for what it a "high quality gold-silver pre-production story," contends the analyst. Graf maintains a favorable view of SilverCrest's flagship project, Las Chispas, which he notes is approaching final feasibility and a construction decision.
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