Ascendant Resources Inc.

Get Your Zinc On! 8 Capital Research mit Kaufempfehlung für Ascendant Resources

1,30 CAD Kursziel für Ascendant Resources von Eight Capital

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Get Your Zinc On!

Operating, focused pure plays - best way to play stronger zinc price

• Zinc market has tightened (see pages 3-7) significantly over the last several years, with strong consumption growth well timed with the closure of significant mine capacity attributable to both end-of-mine life and producer discipline

We are initiating research coverage with BUY recommendations on both Trevali Mining (BUY: C$1.85 target) and Ascendant Resources (BUY: C$1.30 target))

• Ascendant is optimizing its El Mochito mine and will aggressively explore to both identify higher-grade 'chimney' structures and extend mine life (see page 19) 

  • Ascendant Resources Inc.: ISIN:CA0435041094, WKN:A2DJNA, TSX.V:ASND, OTC:MRMBF

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