Byron Capital Markets

Byron Capital Markets

November 17, 2010 09:17 ET

Byron Capital Markets Initiates AM Gold With a Buy Rating and C$1.30 Target Price

TORONTO, ONTARIO--(Marketwire - Nov. 17, 2010) - Byron Capital Markets, a division of Byron Securities Limited, is pleased to announce that it has initiated coverage today on AM Gold Inc. (TSX VENTURE:AMG) with a Buy rating and a target price of $1.30.

In this 25-page research report, mining analyst Jeff Wu gives a comprehensive overview of the company, its exploration and development work at the Red Mountain gold project in the Yukon, and the continuing work at its Pinaya gold-copper project located southeast of Lima, Peru.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the precious metals and mining sectors.

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