FireFly Metals' (ASX:FFM) current stock price offers a "compelling" upside as it is arguably the "best" Australia-listed undeveloped copper project, Euroz Hartleys said in a Wednesday note.
The company's recent drilling revealed the continuity and thickness of the high-grade upper copper and gold massive sulfide zone at its Green Bay project in Canada.
The research found the results to be "strong" and sees potential for growth in the project.
Euroz Hartleys raised Firefly Metals' price target to AU$1.96 from AU$1.94 while maintaining its buy rating.
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