Dundee - $2.50 Target PriceBuy, Speculative Risk
Dundee target: C$2.50
We recommend Fission Uranium with a BUY and a target of C$2.50, based on a 0.8x multiple applied to our 10% DCF model. A potential new high grade uranium discovery has been made to the west of the R600W zone at PLS in the Athabasca Basin. This thick intercept was hit by the first wildcat drill hole this year.