Deutsche Bank has a “sell” rating on Medusa Mining after the gold miner said it would raise $25 million as it battles with ongoing delays at its new plant.
Deutsche Bank has a “sell" rating on Medusa Mining after the gold miner said it would raise $25 million as it battles with ongoing delays at its new plant.
“Given the uncertainty surrounding the new mill, the raising does not come as a surprise," Deutsche Bank said in a report to clients.
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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.
