PRECIOUS METALS

Peel Hunt trims Pure Gold target price

UK investment bank has trimmed its share price target for Canada-focused Pure Gold by 10p after the miner reported higher than expected costs in the September quarter.

 World-Gold-Council-gold-bars.jpg

World-Gold-Council-gold-bars.jpg

Peel Hunt has lowered its price target to 86p from 96p. Shares are currently trading at just shy of 46p. Pure Gold reported rising costs in results released on November 12. These higher costs were in...

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