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Applied Minerals, Inc. (AMNL) [hlAlert]

Rating:
Buy AMNL
3 Months Gains
down 84.24 %

Applied Minerals, Inc. (AMNL) rated Buy with price target $6 by Dahlman Rose

Posted on: Friday,  Oct 7, 2011  8:25 AM ET by Dahlman Rose

Applied Minerals, Inc. (AMNL)
rated Buy with price target $6 by Dahlman Rose.

Applied Minerals, Inc., formerly Atlas Mining Company, is a natural resources company principally engaged in the development of its resource property, the Dragon Mine, located in the state of Utah. During the year ended December 31, 2008, the Company provided shaft sinking, underground mine development and mine labor primarily to companies in the mining and civil industries. Atlas Mining operated a contract mining business under the trade name Atlas Fausett Contracting (AFC). AFC was engaged in exploration and mine development, as well as preparatory work, such as site evaluation, feasibility studies, trouble-shooting and consultation. AFC's projects include all types of underground mine development, rehabilitation and diamond drilling. On December 31, 2008, the Company discontinued its contract mining efforts.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/7/2011 8:25 AM Buy
None
1.65 6.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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