The Globe and Mail reports in its Tuesday, June 13, edition that National Bank Financial analyst Lola Aganga resumed coverage on Bravo Mining with an "outperform" recommendation after closing its equity raise of $20-million. The Globe's David Leeder writes in the Eye On Equities column that Ms. Aganga gave her share target a 70-cent boost to $4.80. Analysts on average target the shares at $4.18. Ms. Aganga says the company has an "attractive critical metals mix" at its 100-per-cent-owned Luanga project in Brazil. Ms. Aganga says in a note: "The next significant catalyst/derisking event will be the maiden resource expected in the latter half of the year. Concurrently, Bravo is rapidly advancing phase 2 drilling to follow up on the newly identified higher-grade nickel magmatic sulphide mineralization and commence extensive geophysics at site. Results to date have been positive with more than 80 per cent of re-assay intercepts received returning better grades compared to historic results. Our assumptions capture 90 per cent of the historical resource at grades of 1.7 PGE + Au, and expect to see further upside to our estimates following the inclusion of rhodium in the upcoming maiden resource."