Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
×

Get our best content in your email.

You are already a member! Please enter your password to sign in.

FIU.v .23 Analyst has $9.50 target on it


idesofoct
1 star

211 Reads | 1 Comment | 1 People call this a favourite

FIU.v ($ .23 ) news out after the bell. Regarding First Uranium, the analyst said the company is starting to show a relatively solid track record of achieving milestones at its wholly-owned MWS and Ezulwini operations in South Africa. The analyst told clients: Some may be surprised to learn that the company already produces at an annualized rate of 34,000 ounces of gold per year at the MWS tailings retreatment facility and has just begun producing gold (from its own plant) at its Ezulwini underground operation. He said First Uranium's share price, which is down more than 40% year-to-date, reflects in part a discount related to its South African peer Uranium One Inc. (SXRZF.PK). But unlike Uranium One's Dominion uranium-gold mine, Mr. Jaworski said Ezulwini has wider minable reefs, higher gold grade, decades of historic production and mineralogy which is non-refractory. He upgraded First Uranium to a "strong buy" and maintained his C$9.50 price target.


  • FIU.v .23 Analyst $9.50


    0 Reads | 0 Comments | October 11, 2011

    FIU.v ($ .23 ) news out after the bell.Regarding First Uranium, the analyst said the company is starting to show a relatively solid track record of achieving milestones at its wholly-owned MWS and Ezulwini operations in South Africa. The analyst told clients:Some may be surprised to learn that the company already produces at an annualized rate of 34,000 ounces of gold per year at the MWS...


  • FIU.v .23 Analyst $9.50


    211 Reads | 1 Comment | October 11, 2011

    FIU.v ($ .23 ) news out after the bell.Regarding First Uranium, the analyst said the company is starting to show a relatively solid track record of achieving milestones at its wholly-owned MWS and Ezulwini operations in South Africa. The analyst told clients:Some may be surprised to learn that the company already produces at an annualized rate of 34,000 ounces of gold per year at the MWS...



Blog Administrator

idesofoct
1 star

5 Posts