The Globe and Mail reports in its Friday, April 4, edition that Desjardins Securities analyst Bryce Adams has a positive long-term outlook for copper prices, viewing the red metal as a key input for global decarbonization efforts, data centre demand and electric vehicle use. The Globe's David Leeder writes in the Eye On Equities column that Mr. Adams, in a research report released Friday, commenced coverage on NGEx Minerals and Atex Resources with a "buy" recommendation and a $20 and $3.50 share target. Analysts on average target NGEx and Atex shares at $17.29 and $2.79. Mr. Adams says in a note: "In our view, both have strong resource upside potential, but in terms of market capitalization NGEx has already had a remarkable run to current trading levels of $2.9-billion whereas Atex trades at $600-million. We note that Atex reported an inferred resource of 1.4bt at Valeriano, while NGEx has a 3.2bt resource at Los Helados and our model includes a further 1.7bt at the high-grade and preresource Lunahuasi exploration property. We see upside potential in both stocks, but given a lower starting base Atex shares could react faster to market catalysts, in our view."