11:22 AM EDT, 10/10/2024 (MT Newswires) -- National Bank of Canada on Wednesday said Filo ( FLMMF ) is now "off restriction" with a tender rating and $33.00 price target.

The bank made the change following the announcement that Filo ( FLMMF ) has obtained a final order from the Ontario Superior Court of Justice approving its $4.5-billion sale to Lundin Mining ( LUNMF ) and BHP Group ( BHP ) .

The deal is expected to close in the first quarter of 2025, with Filo ( FLMMF ) shareholders approving the transaction at a September meeting.

Price: 32.68, Change: +0.23, Percent Change: +0.71