Dahlman Rose Comments On Gammon Gold

Dahlman Rose provided color on Gammon Gold GRS in a research report published today. Dahlman Rose has previously given Gammon Gold a Hold rating. In the report, Dahlman Rose states, "Although earnings came in short of consensus, Gammon Gold is well positioned to meet 2011 production guidance of 167-189K oz of Au and 4.8-5.6MM oz Ag. Production ramp-up and the company's unhedged Au and Ag position could deliver strong results for the remaining of the year." Shares of Gammon Gold closed today at $9.52, up 0.53% from Thursday's market close.