KCN – Aspect Huntley rates the stock as Upgrade to Speculative Buy

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The company sold a stake in Goldstar Resources (GDR) for a profit of around $9.5m, Aspect Huntley noting this improves its valuation on the stock by 20c to $4.80. This, combined with recent share price weakness, supports its move to upgrade its recommendation.

Current Price is $3.99. Target price not assessed.

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