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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (71059)	11/19/2019 9:09:21 AM
From: Goose94	Read Replies (1) \| Respond to of 203019

Ero Copper (ERO-T) Scotia Capital analyst Orest Wowkodaw believes Ero Copper's exploration efforts at its Mineracao Caraiba SA complex in Brazil are likely to bear fruit in 2020. Mr. Wowkodaw upgraded the shares to "sector outperform" from "sector perform." As well, Mr. Wowkodaw gave his share target a nice boost to $23 from $15. Analysts on average target the shares at $21.11. Mr. Wowkodaw visited MCSA last week and now believes there is an "impressive" upside for Ero Copper. He says in a note: "With one of the world's largest ongoing exploration efforts, we anticipate significant positive news flow over the next 12 months. Based on our visit, we are most intrigued by future exploration results from the Pilar Deeps, Siriema, Toboggan (part of Vermelhos), along with targeted regional drilling. At the Pilar Deeps, we anticipate in-fill drilling (five rigs) to prove up a potential 10-12 million tons high-grade resource. Ero has 15 drill rigs operating within the Vermelhos district, which includes Siriema. ... We anticipate Ero shares trading at a significant premium."