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More broker support for Marengo

PERTH-based broking firm DJ Carmichael has thrown its weight behind copper-molybdenum developer Marengo Mining, advising its clients to buy the stock and setting a 12-month target price for the junior at 45c.

Chris Cann
More broker support for Marengo

Shares in Marengo were unchanged this morning at 29c. DJ Carmichael rated the junior a Speculative Buy based on the development potential of its Yandera copper-molybdenum project in Papua New Guinea,...

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