$30 target on FEAM according to thefly.com
FEAM 16:13 04/07/22 5E Advanced Metals initiated with a Buy at DA Davidson DA Davidson analyst Matt Summerville initiated coverage of 5E Advanced Metals with a Buy rating and $30 price target. The company is slated to begin ramping a small-scale boron facility by year-end 2022, eventually scaling to 250K/500K short TPY of boric acid run-rate output, the analyst tells investors in a research note. Currently, the boron market is dominated by duopolistic upstream supply and China downstream processing for advanced materials used in decarbonization, with supply/demand dynamics favoring upward risk to underlying commodity pricing, Summerville adds.
Read more at:
https://thefly.com/n.php?id=3490839
-
- There are more pages in this discussion • 1,666 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
