Australia's Barton Gold gains as Red Cloud initiates with 'buy'

Barton Gold Holdings

15/12/2023 02:25

** Shares of Australia's Barton Gold  BGD.AX  rise as much
as 2% to A$0.26
    ** Analysts at brokerage Red Cloud initiate coverage on BGD
with a "buy" rating and PT of A$0.70 
    ** Brokerage says the bullion miner is 'exceptionally'
well-positioned among its peers with existing mining
infrastructure, a sizeable resource and wide-open exploration
potential
    ** Co's Sizeable and growing resource base lays the
foundation for future production - Red Cloud
    ** Stock up 25% this year, as of last close
    

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.kumar@thomsonreuters.com))