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CMC Metals' stock plunges 25%, yet gets a "buy" rating with a higher price target.
CMC Metals' stock price dropped 25% on Monday, trading at C$0.02.
Despite the decline, Fundamental Research gave the stock a "buy" rating with a C$0.12 price target.
The company, which focuses on mineral property acquisition and exploration in Canada and the US, saw trading volume increase by 9%.
Director Kevin John Brewer recently purchased 2,500,000 shares at C$0.03 each.
2 months ago
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