"Открытие Капитал": Nord Gold – new kid on the block // ПОКУПАТЬ
22 февраля 2012 года
We initiate coverage of Nord Gold NV (–Nordgold‖) – which is the gold company that was recently spun off from Severstal – with a BUY rating and a target price of $9,4/share, implying 38% upside from the current price. We like the company’s growth profile, as well as its rising reserve base, strong cash flows and current valuations.
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