** Analysts at Citi maintain "sell" rating on Australia's 29Metals 29M.AX, while brokerage Jefferies reiterates "hold"
** Copper miner on Thursday posted a drop in its copper and zinc production for the June quarter from its Golden Grove project in Western Australia
** Citi says 29M's June quarter result maintained guidance; but does not expect co's copper deck to generate free cash flow
** Jefferies see uncertainty around the restart timing and capital expenditure of co's Queensland-based Capricorn Copper mine
** Adds funding for Gossan Hill, a key ore body at Golden Grove, and debt servicing obfuscating the medium-term outlook for co
** Both brokerages keep their price targets unchanged
** Two of eight analysts rate the stock "buy", three "hold", and three "sell" or lower; their median price target is A$0.30, as per data compiled by LSEG
** Stock is up 34.7% YTD, as of last close
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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