Highfield Resources’ 12-month share price target extended to $1.83 by Foster Stockbroking

While global markets have done little to cool investor anxiety this year, Foster Stockbroking is eyeing potash-focused Highfield Resources Ltd (ASX:HFR) as a potential winner.

In a research paper published this morning, the firm lauded Highfield’s receipt on Wednesday of two key licences for the construction of a process plant at its Muga potash mine in northern Spain.

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