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Firefly Metals initiated with an Outperform at Macquarie

Firefly Metals initiated with an Outperform at Macquarie

Macquarie initiated coverage of Firefly Metals (MNXMF) with an Outperform rating and A$1.50 price target Firefly is a copper explorer/developer focused on growth at its Green Bay copper project, notes the analyst, who likes the company’s exploration upside, organic growth potential and brownfields restart optionality.

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