Numis Securities lowered shares of Bacanora Minerals (CVE:BCN) from a buy rating to a hold rating in a report issued on Monday morning.

Shares of Bacanora Minerals (BCN) opened at C$1.84 on Monday. Bacanora Minerals has a 12 month low of C$1.01 and a 12 month high of C$1.85.

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Bacanora Minerals Company Profile

Bacanora Minerals Ltd., an exploration stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties in Mexico. It primarily focuses on lithium and borates. The company’s primary assets include the Sonora Lithium project, which consists of 10 mining concession area covering approximately 100 thousand hectares in the northeast of Sonora State; and the Magdalena Borate project that covers 16,503 hectares in Sonora state.

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