Byron Capital Markets Initiates Formation Metals Inc. with a Buy Rating and C$2.70 Target Price | INN

Apr. 11, 2011 03:21PM PST

Byron Capital Markets reports that it has initiated coverage today on Formation Metals Inc. (TSE:FCO) with a Buy rating and a target price of $2.70.

Byron Capital Markets reports that it has initiated coverage today on Formation Metals Inc. (TSX:FCO) with a Buy rating and a target price of $2.70.

The press release is quoted as saying:

In this 19-page research report, analyst Jonathan Lee gives a comprehensive overview of the company, with specific focus on its late-stage high-purity cobalt mine, and the company’s Sunshine Precious Metals Refinery in Idaho.

Click here to access the entire news release.

Click here to access Formation Metals’ company profile.

cobalt mine cobalt investing jonathan lee byron capital markets tsx:fco formation metals precious metals refinery

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