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Analyst Actions: Fire River Gold Corp Rated Speculative Buy at Loewen, Ondaatje McCutcheon

Fire River Gold Corp. (FAU.V) has released more high-grade drilling results at its Nixon Fork gold mine in Alaska, with about 17% of 99 holes appearing economic, noted Loewen, Ondaatje McCutcheon Ltd. analyst Michael Fowler, according to the Globe and Mail. "The successful drilling results to-date continues to improve our confidence in Fire River's understanding of the ore body to support near-term production," he reportedly said.

Fowler reportedly rates the stock as a Speculative Buy with a $1.40 price target.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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