The Globe and Mail reports in its Friday, Aug. 28, edition that Ventum analyst Surya Sankarasubramanian commenced coverage on Skyharbour Resources with a "buy" recommendation and a 75-cent share target. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sankarasubramaniam says in a note: "Skyharbour Resources is a uranium exploration and prospect-generation company with a track record of monetizing its staked claims by optioning out asset-level interests, providing investors maximum exposure to exploration upside with minimal equity dilution. Its co-flagship Russell Lake and Moore Lake projects, located in the infrastructure-rich eastern Athabasca basin, offer immediate exploration upside next to 9-per-cent shareholder Denison's under-construction Phoenix mine."
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