- Equity research analysts at Cantor Fitzgerald have repeated their ‘buy’ recommendation on China-focused mining company Griffin Mining [LON:GFM] after highlighting the fact that the zinc price is now comfortably above its five-year average.

The broker said: “GFM offers investors growing exposure to this strengthening metal price through the 80% project expansion underway at its Caijiaying mine in China.

“We believe any risk of project delays are already priced in, leaving a reward profile that looks attractive.â€

Cantor has upped its target price to 85 pence a share from 70 pence, suggesting in excess of 130 per cent potential upside.

At 11:05am: [LON:GFM] Griffin Mining share price was +0.01p at 36.63p

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