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CANADA RESEARCH ROUNDUP-Cameco, First Quantum Minerals, Lundin Mining

ReutersJun 16, 2025 2:27 PM

- Securities analysts revised their ratings and price targets on several Canadian companies including Cameco, First Quantum Minerals and Lundin Mining on Monday.

HIGHLIGHTS

Cameco Corp CCO.TO: Scotiabank raises target price to C$95 from C$93

Dundee Precious Metals Inc DPM.TO: CIBC raises target price to C$25 from C$23

First Quantum Minerals Ltd FM.TO: Scotiabank raises target price to C$24 from C$22.50

Lundin Mining Corp LUN.TO: Scotiabank raises target price to C$16 from C$14.50

Magna International Inc MG.TO: BofA Global Research ups price objective to C$61 from C$58

Following is a summary of research actions on Canadian companies reported by Reuters on Monday. Stock entries are in alphabetical order.

Artemis Gold Inc ARTG.V: Haywood Securities raises target price to C$31 from C$25

Cameco Corp CCO.TO: Scotiabank raises target price to C$95 from C$93

Dundee Precious Metals Inc DPM.TO: CIBC raises target price to C$25 from C$23

Dundee Precious Metals Inc DPM.TO: Scotiabank raises target price to C$23 from C$21

ERO Copper Corp ERO.TO: Scotiabank raises target price to C$26 from C$24

First Quantum Minerals Ltd FM.TO: Scotiabank raises target price to C$24 from C$22.50

Hudbay Minerals Inc HBM.TO: Scotiabank raises target price to C$15.50 from C$14

Ivanhoe Mines Ltd IVN.TO: Citigroup cuts target price to C$14 from C$20

Lundin Mining Corp LUN.TO: Scotiabank raises target price to C$16 from C$14.50

Magna International Inc MG.TO: BofA Global Research ups price objective to C$61 from C$58

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