Beowulf Mining PLC (LON:BEM) has been retained to Buy in a statement by Cantor Fitzgerald earlier today.
- Updated: November 28, 2016
Boasting a price of 5.38GBX, Beowulf Mining PLC (LON:BEM) traded 4.76% higher on the day. With the last stock price close up 22.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. The company has recorded a 50-day moving average of 5.48GBX and a 200-day moving average of 4.50GBX. 105,000 shares of the stock traded hands, down from an average trading volume of 681,207
Cantor Fitzgerald has retained Beowulf Mining PLC (LON:BEM) to Buy in a statement released on 11/29/2016.
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Beowulf Mining PLC has a 52 week low of 3.03GBX and a 52 week high of 8.40GBX The company’s market cap is currently 0 GBX.
In addition to Cantor Fitzgerald reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is 17.99GBX with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 0 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Beowulf Mining PLC (LON:BEM)
Beowulf Mining plc (Beowulf) is a multi-commodity, exploration and development company. The Company is engaged in the exploration for iron ore in Sweden and graphite in Finland. Beowulf, through its subsidiaries, holds approximately 10 exploration permits together with a registered application for an exploitation concession (Kallak North), in northern Sweden. The Kallak project is located in the Jokkmokk municipality north of the Arctic Circle, approximately 40 kilometers west of Jokkmokk city center and over 80 kilometers southwest of the iron ore mining center of Malmberget in Norrbotten County, northern Sweden. Its other Swedish projects include Ballek Copper-Gold Project, Grundtrask Gold Project, Nautijaure Iron Oxide Copper Gold (IOCG) Project and Agasjiegge Iron Ore Project. The Ballek project is in the Arjeplog municipality in northern Sweden. The Grundtrask Project is focused on gold and is located in the Skelleftea Mining District of northern Sweden.
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