Mangold initiates monitoring of Eurobattery Minerals and sets a target stock price at 106 SEK in a 12 month perspective
Today the independent securities broker Mangold Fondkommission announced that they will start monitoring Eurobattery Minerals (NGM; “BAT”). The company issued an analysis on Eurobattery Minerals that sets a target stock price at 106 SEK in a 12 month period.
In the analysis Mangold writes:
“Eurobattery Minerals is something as unusual as a green-tech mining company that focuses on producing the necessary metals for the European battery and electric car market, in an environmentally friendly way. Mangold believes that due to the extreme growth of electric cars, tough consumer demands and little competition, Eurobattery Minerals has great potential to become a successful supplier of metals to the battery industry.”
To read the full analysis, please go to https://insight.mangold.se/
About Eurobattery Minerals
Eurobattery Minerals is a mining and prospecting company focused on battery minerals such as nickel, cobalt, copper and rare earth elements. Business activities and operations are conducted exclusively in Europe with a focus on Spain and northern Sweden. The company has one mining license and eight exploration licenses. The headquarters is located in Stockholm.
Augment Partners AB, e-mail: info@augment.se, phone: +46 8 505 651 72, is the company’s Mentor
For further information, please contact:
Roberto García Martínez, CEO