Bushveld Minerals (LON:BMN) has been retained to Speculative Buy in a statement by Beaufort Securities earlier today.
- Updated: November 28, 2016
Beaufort Securities has retained Bushveld Minerals (LON:BMN) to Speculative Buy in a statement released on Tuesday November 29, 2016.
Having a price of 1.28GBX, Bushveld Minerals (LON:BMN) traded 0.00% even on the day. With the last stock price down -21.19% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. BMN has recorded a 50-day average of 1.43GBX and a two hundred day average of 1.67GBX. Trade Volume was down over the average, with 301,595 shares of BMN changing hands under the typical 3,748,070
Recent Performance Chart
Bushveld Minerals has with a one year low of 1.20GBX and a one year high of 3.70GBX and has a market capitalization of 0 GBX.
In addition to Beaufort Securities reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is 7.40GBX with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Bushveld Minerals (LON:BMN)
Bushveld Minerals Limited is a mineral development company with a portfolio of vanadium and titanium bearing magnetite ore, tin and thermal coal assets in Southern Africa. The Company's principal activity is the exploration and development of projects in the Bushveld Complex in South Africa. It operates through three segments: Iron ore exploration, Tin exploration and Coal exploration. Its portfolio consists of projects organized around approximately three platforms, including Bushveld Resources Limited (vanadium, titanium and phosphate), which consists of the Mokopane Vanadium Project, the Brits Vanadium Project, the PQ Iron Ore Project and PQ Phosphate Project associated with the Mokopane Vanadium Project; Greenhills Resources Limited (tin) consisting of the Mokopane Tin Project and the Marble Hall Tin Project, and Lemur Resources Limited (coal) consisting of the Imaloto Coal and Power Project in Madagascar. Its exploration operations are based in South Africa and Madagascar.
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