Jefferies sees metals breakout on currency concerns

Jefferies has issued a research note highlighting concerns about currency debasement and the US fiscal situation, suggesting that mining shares could serve as a hedge against these risks. The firm has initiated coverage on several Canadian-listed copper and gold miners, including Faraday, Trekor, IAG, EGO, HL, and LUNR, with buy ratings, indicating a potential breakout in metals prices due to these underlying concerns.

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