Kagara Zinc (KZL) Stock Recommendation

Macquarie Research Equities have reiterated their Outperform recommendation for the Kagara Zinc (KZL) stock with a $4.50 share price target. The analyst notes that the company is trading at a premium to the rest of the Australian zinc sector and is justified given the further strong exploration results expected this year and the quality exposure offered to low-cost zinc and copper assets.

Kagara Zinc Limited is listed on the Australian Stock Exchange (ASX) under stock code KZL. You can view their investor website here. The company is primarily involved in zinc exploration and mining. Find out the meaning of the recommendations in this primer. Check your charts!