Beaufort Securities reiterated Acacia Mining Plc (LON:ACA) to Speculative Buy in a report released today.
- Updated: September 18, 2016
Beaufort Securities has reiterated Acacia Mining Plc(LON:ACA) to Speculative Buy in a statement released on Monday September 19 2016. They are also indicating a possible upside of 0.00%.
Previously on 9/16/2016, Panmure Gordon released a statement on Acacia Mining Plc(LON:ACA) bumped the target price at 400.00GBX that suggested a downside of -0.12%.
Yesterday Acacia Mining Plc (LON:ACA) traded 2.54% higher at 0.00GBX. ACA’s 50-day moving average is 542.31GBX and its 200-day average is 401.04GBX. With the last stock price down 20.94% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same time period. Trade volume was was down over the average, with 117,048 shares of ACA changing hands under the typical 867,841 shares..
Recent Performance Chart:
Acacia Mining Plc has a one-year low of 154.00GBX and a 52 week 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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