A statement released earlier today by Jefferies International about Acacia Mining Plc (LON:ACA) bumps down the target price to 610.00GBX
- Updated: October 14, 2016
Yesterday Acacia Mining Plc (LON:ACA) traded -2.66% lower at 462.05GBX. The company’s 50-day moving average is 489.26GBX and its 200-day moving average is 430.09GBX. The last closing price is up 5.54% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 541,234 shares of the stock were exchanged, down from an average trading volume of 790,509
Jefferies International bumped down the target of Acacia Mining Plc (LON:ACA) to 610.00GBX stating a potential upside of 0.32%.
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Acacia Mining Plc has a 52 week low of 154.00GBX and a 52 week high of 615.00GBX The company’s market cap is currently 0 GBX.
General Information About Acacia Mining Plc (LON:ACA)
Acacia Mining Plc (Acacia), formerly African Barrick Gold Plc, is a gold miner and producer of gold in Africa. The Company is engaged in the mining, processing and sale of gold business. Its segments are North Mara gold mine, Bulyanhulu gold mine, Buzwagi gold mine, and Corporate and Exploration segment. It has approximately three producing mines, such as Bulyanhulu, Buzwagi and North Mara. The Bulyanhulu gold mine is located in north-west Tanzania, in the Kahama district of the Shinyanga region, over 50 kilometers south of Lake Victoria and over 150 kilometers south-west of the city of Mwanza. The Buzwagi mine is located in north-west Tanzania in the Kahama district of the Shinyanga region, over 90 kilometers from Bulyanhulu and over six kilometers south-east from the town of Kahama. The North Mara gold mine is located in north-west Tanzania in the Tarime district of the Mara region, over 100 kilometers east of Lake Victoria and approximately 20 kilometers south of the Kenyan border.
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