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Kivalliq Energy (CVE:KIV) was downgraded by research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a report released on Thursday. They currently have a C$0.30 price target on the stock, down from their previous price target of C$0.50. Raymond James’ price objective suggests a potential upside of 53.85% from the stock’s previous close.

Kivalliq Energy Corporation (CVE:KIV) is a uranium exploration company, with a focus on the exploration and development of uranium rich properties located on Inuit-owned lands in Nunavat Territory, Canada.

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