Consolidated Minerals
Consolidated Minerals (CSM) have a maintained $2.40 share price target and a Neutral stock recommendation from shares analyst Macquarie Research Equities (MRE). The mining company released a disappointing operations update to the market yesterday. The company announced that results recently received indicate that nickel grades within several mining blocks in the central section at East Alpha, which had been scheduled to make a significant contribution to 2006/07 production, are lower than expected.
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