Buy, Sell, Hold: Deterra and Western Areas

COVERAGE initiated on new royalty company Deterra and Western Areas downgraded after weak quarter.

Buy, Sell, Hold: Deterra and Western Areas Buy, Sell, Hold: Deterra and Western Areas Buy, Sell, Hold: Deterra and Western Areas Buy, Sell, Hold: Deterra and Western Areas Buy, Sell, Hold: Deterra and Western Areas

Deterra Royalties (DRR)

Analyst: Glyn Lawcock, UBS

Recommendation: Buy (initiation)

Price target: A$4.80

Thursday's close: $4.

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