Marimaca Copper Corp T.MARI

RBC Initiates Coverage On Marimaca Copper; Outperform

[moremi]

RBC Capital Initiates Coverage On Marimaca Copper with Outperform Rating, Announces Price Target of C$5

https://www.benzinga.com/news/22/09/29005319/rbc-capital-initiates-coverage-on-marimaca-copper-with-outperform-rating-announces-price-target-of-c

[Woodman601]

Misleading 

[grossmrkup]

What's misleading?

[Woodman601]

This headline-only article is meant to show you why a stock is moving, the most difficult aspect of stock trading. Every day we publish hundreds of headlines on any catalyst that could move the stocks you care about on Benzinga Pro, our flagship platform for fast, actionable information that promotes faster, smarter trading.

[grossmrkup]

Got ya! I hope someone with access to the full analyst report copies and pastes it here.  I'd love to hear RBC's thoughts on the project. Bit of a feather in Marimaca's cap for RBC to rate them OUTPERFORM

[Woodman601]

I tried doing a little digging,it looks like an analyst for Rbc, Alexander Jackson was covering Marimaca, but I couldn't find the article. Ran out of time 

[Woodman601]

https://www.streetinsider.com/Intl+Ratings/RBC+Capital+Starts+Marimaca+Copper+Corp.+%28MARI%3ACN%29+%28CROJF%29+at+Outperform/20624520.html found this but there's a paywall 

[Skater]

Tough day for copper and Mari today.  Still maintain this will delay furhter investment in securing copper supply, when the world figures it out, the price will boomerang higher.  My hope anyway. Skater

[micromike]

Marimaca Copper Corp. Company description Marimaca Copper Corp. is a TSX listed base metals developer with its flagship asset, the Marimaca Copper Project, located in Chile’s Antofagasta region. The company is working towards developing the asset to production by undertaking exploration, metallurgy and other engineering studies. Investment summary We believe Marimaca offers

[micromike]

Outperform Speculative Risk TSX: MARI; CAD 3.28 Price Target CAD 5.00 Key Statistics Shares O/S (MM): 88.2 Dividend: 0.00 NAVPS: 6.35 Market Cap (MM): 289 Yield: 0.0% P/NAVPS: 0.52x Avg. Daily Volume: 11,515 RBC Estimates FY Dec 2021A 2022E 2023E 2024E EPS, Adj Diluted (0.20) (0.16) (0.13) (0.18) P/AEPS NM NM NM NM EBITDA, Adj (17.2) (16.8) (13.0) (13.0) EPS, Adj