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TSX takeover targets warm up

RBC Capital Markets analysts have picked some big takeover candidates among the pre-production companies it covers, with a hypothesis exploration companies are undervalued compared with last year.

TSX takeover targets warm up TSX takeover targets warm up TSX takeover targets warm up TSX takeover targets warm up TSX takeover targets warm up

Is that a buyer? Work at Dalradian's Curraghinalt gold project could see it snapped up

Broken down to gold equivalent ounces, RBC said there has been an average takeover valuation of US$70 per ounce for exploration companies since 2012, with a high of $74/oz seen in August 2016. <...