The Globe and Mail reports in its Wednesday, April 30, edition that TD Cowen analyst Derick Ma initiated coverage on Arizona Sonoran Copper with a "buy" recommendation and a $4.25 share target. The Globe's David Leeder writes that analysts on average target the shares at $3.82. Mr. Ma says in a note: "Cactus is a copper development project in Arizona with a pathway to potentially deliver first production by 2029. Given its scale, low capacity and state-level permitting, Cactus is a very attractive standalone asset or as a potential acquisition target for mid-tier copper producers, in our view." The Globe reported on Oct. 11 that Stifel analyst Cole McGill had resumed coverage of Arizona Sonoran Copper with a "buy" rating and $4 share target. The shares could then be had for $1.48.