Friday December 28, 03:29 PM
Western Copper "buy," fair value reduced
NEW YORK, December 28 (newratings.com) - Analysts at Fundamental Research Corp maintain their "buy" rating on Western Copper Corp (ticker: 31W). The fair value has been reduced from C$3.40 to C$3.10.
In a research note published this morning,
the analysts mention that production at the company's Carmacks Copper Project has been delayed by up to one year due to a new permitting timeline. Western Copper (WRN.TO - news) is focusing on progress in the development of its three other copper properties located in Western Canada, the analysts say.
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