Nevada Copper Corp NEVDQ

NCU article from Stockwatch

[thomsoni]

Globe says Desjardins targets Nevada Copper at $4.50 2015-01-06 06:00 ET - In the News The Globe and Mail reports in its Tuesday, Jan. 6, edition that Desjardins Securities analyst Jackie Przybylowski says after another difficult year for base metals, commodity weakness will likely continue through 2015, with a select few mining companies poised to surmount market challenges. The Globe's Luke Kawa and Tim Shufelt write in the Eye On Equities column that Ms. Przybylowski says, "Many companies in our coverage universe lost significant value in 2014, as investors grew increasingly uncertain about global demand for commodities and financing for development-stage projects." She says that kind of environment favours positive shorter-term company catalysts and prefers near-term cash flows in target prices. Among the base metal miners most likely to generate positive catalysts over the next year is Nevada Copper ($1.60). The analyst says, "In addition to permitting and production start events expected in 2015, we believe the company will be an increasingly attractive acquisition target as visibility to obtaining permits improves." Ms. Przybylowksi continues to maintain Nevada Copper as a top pick in the space at a target price of $4.50. Nevada Copper shares have a 52-week range of $1.15 to $2.83.