DEG has reported its annual Hemi Project MRE which has grown contained ounces 7% YoY to a total MRE of 310Mt at 1.4g/t for 13.6Moz. An increase to the DEG MRE lifts our Price Target from $2.75 to $2.80 with a Buy recommendation maintained. DEG remains our key pick in the large-cap developer space with a Tier 1 asset and an enviable +530kozpa production profile.
To access the full report please log in under the Client Area at the bottom of this page.
Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’s wealth of Research as well as create custom portfolios and set up company watch lists.
If you would like to access our research please contact us to create an account.
