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Goldman Sachs initiates Viridien at Buy; shares rise 3.8%

Investing.com +1 ·

GS Goldman Sachs Group Inc
$1025.90 -0.78%
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  1. 1Shares rose 3.8% on Tuesday after Goldman Sachs initiated coverage on Viridien (VIRI.PA) with a Buy rating.
  2. 2Goldman forecasts average annual operating cash flow (ex-working capital) growth of 8% from 2026 to 2030.
  3. 3It views mine life as having fallen 25% since 2013 and exploration down roughly 60%, signaling the start of a new capital expenditure cycle.

This 3-line summary is compiled from the report below.

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