TSXV:MRS.H - Post by User
Post by
whitenorth72on May 22, 2020 1:00pm
197 Views
Post# 31061576
Exceeding the 12 month target
Exceeding the 12 month target Just a matter of time.....
Summary
MRS, a yet largely undiscovered tactical solutions provider, is ramping up promotional efforts to showcase recent achievements to institutional investors.
MRS recently acquired Unifire Inc., 1 of 6 companies eligible to perform on a $4 billion USD bridge contract, with a 10-year $33 billion USD renewal expected in 2020.
Since late April, the company has announced $75 million CAD in new contract awards and has secured access to credit scalable to $100+ million USD in the short term.
With a current market cap of less than $40 million CAD, significant new contract awards and compelling advantages over competitors, MRS offers an attractive risk/reward ratio at current levels.
12-Month Share Price Target: $0.79 (resulting market cap: ~$142 million CAD).
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