A statement released earlier today by Panmure Gordon about Acacia Mining Plc (LON:ACA) maintains the target price at 400.00GBX
- Updated: September 16, 2016
Yesterday Acacia Mining Plc (LON:ACA) traded 9.36% lower at 453.60GBX. ACA’s 50-day average is 545.07GBX and its two hundred day average is 400.54GBX. The last close is up 13.15% from the two hundred day moving average, compared to the S&P 500 Index which has fallen -0.01% over the same period. 1,060,300 shares of Acacia Mining Plc were exchanged, up from ann avg. volume of 841,889.
Panmure Gordon held the target stock price of Acacia Mining Plc (LON:ACA) at 400GBX, reporting a possible downside of -0.12%,
Previously on 9/15/2016, JP Morgan Cazenove reported about Acacia Mining Plc(LON:ACA) bumped the target price from 530.00GBX to 560.00GBX that suggested an upside of 0.00%.
Acacia Mining Plc has a one-year low of 154.00GBX and a one-year high of 615.00GBX and has a market capitalization of 0.0 GBX.
Brief Synopsis On 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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