Carube Copper Corp. (CVE:CUC)‘s stock had its “buy” rating reaffirmed by equities researchers at Fundamental Research in a report issued on Monday. They presently have a C$0.23 price objective on the stock. Fundamental Research’s price target suggests a potential upside of 253.85% from the stock’s current price.

The analysts wrote, “Fundamental Research Corp has issued a report entitled “Carube Copper Corp. (TSXV: CUC) – Initiating Coverage – First Mover in Jamaica ” and dated November 3, 2017. The full report is now at www.researchfrc.com.”

Carube Copper Corp. (CVE CUC) traded up C$0.01 during midday trading on Monday, reaching C$0.07. 75,450 shares of the company’s stock were exchanged, compared to its average volume of 43,579. Carube Copper Corp. has a 12-month low of C$0.05 and a 12-month high of C$0.14.

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About Carube Copper Corp.

Carube Copper Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Jamaica and Canada. The company primarily explores for copper, gold, and molybdenum deposits. It primarily holds interest in the Bellas Gate project that consists of two special exclusive prospecting licenses covering an area of 84 square kilometers located in Jamaica.

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