Equities researchers at Fundamental Research started coverage on shares of Los Andes Copper (CVE:LA) in a note issued to investors on Thursday, December 7th. The firm set a “top pick” rating and a C$1.72 price target on the stock. Fundamental Research’s price target suggests a potential upside of 384.51% from the stock’s current price.

The analysts wrote, “Fundamental Research Corp has issued a report entitled “Los Andes Copper Ltd. (TSXV: LA) – Initiating Coverage – Largest Undeveloped Copper Project in South America Held by a Junior” and dated December 7, 2017. The full report is now at www.researchfrc.com.

FRC Top Pick

Los Andes Copper (LA) traded up C$0.01 during trading hours on Thursday, reaching C$0.36. 56,002 shares of the company’s stock traded hands, compared to its average volume of 115,566. Los Andes Copper has a 12 month low of C$0.15 and a 12 month high of C$0.47.

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About Los Andes Copper

Los Andes Copper Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. It operates through Mineral Exploration and Hydroelectric Project segments. The company owns interests in the Vizcachitas porphyry copper-molybdenum project located to the north of Santiago, Region V, Chile.

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