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A statement released earlier today by JP Morgan Cazenove about Acacia Mining Plc (LON:ACA) raises the target price to 560.00GBX

In a statement issued on 9/15/2016 JP Morgan Cazenove increased the target price of Acacia Mining Plc (LON:ACA) from 530GBX to 560GBX indicating a possible upside of 0.00%.

Only yesterday Acacia Mining Plc (LON:ACA) traded 2.75% higher at 0.00GBX. Acacia Mining Plc’s 50-day moving average is 546.56GBX and its 200-day average is 399.83GBX. The last stock price is down 24.38% relative to the 200-day average, compared with the S&P 500 which has decreased -0.01% over the same period. 18,174 shares of Acacia Mining Plc traded hands, down from ann average volume of 836,330.

Performance Graphic:

Acacia Mining Plc (LON:ACA)

Acacia Mining Plc has a 52 week low of 154.00GBX and a one-year high of 615.00GBX . ACA’s market cap is currently 0.0 GBX.

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, and over 100 kilometers east of Lake Victoria and approximately 20 kilometers south of the Kenyan border.

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