RBC Outperform “Finding value under the ROXG: 3 Reasons Why
Our view: We reiterate Roxgold as one of our Mining Best Ideas showing attractive risk-reward for small cap investors seeking precious metals exposure. Our investment case is predicated on oncoming free cash flow, first quartile asset quality, as well as attractive valuation versus peers and historical levels. Reiterate Outperform rating, C$1.20 price target.”
Big 25 page report today effectively reinitiating coverage as they have ignored the name for a while..