Morgan Stanley has dropped its price target on Medusa Mining from $1.30 a share to 85¢ and has a “equal-weight" rating on the stock.
“1QFY15 production was pre-reported, although mine and mill rates remain below the new mill target and our forecasts beyond 2HFY15.
Loading...
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.
