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Broker thumbs up for Bendigo

TWO leading brokers agree the market should ignore Bendigo Mining’s $13 million loss in the June quarter and have maintained Buy recommendations on “the most leveraged, major gold stock in the Australian market”, in the words of Citigroup.

Michael Vaughan
Broker thumbs up for Bendigo

Despite a slower than expected construction phase for its Kangaroo Flat mine in Victoria, both Citigroup and Goldman Sachs JBWere both remain confident in the fundamentals of Bendigo. First gold from...

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