Churchill Mining PLC (LON:CHL) has been reiterated to Speculative Buy in a report by Northland Capital today.
- Updated: November 28, 2016
Yesterday Churchill Mining PLC (LON:CHL) traded 9.20% higher at 34.00GBX. The company’s 50-day moving average is 31.77GBX and its 200-day moving average is 25.86GBX. The last closing price is up 38.81% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 436,197 shares of the stock were exchanged, down from an average trading volume of 625,798
Northland Capital has reiterated Churchill Mining PLC (LON:CHL) to Speculative Buy in a report released on 11/29/2016.
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Churchill Mining PLC has a 52 week low of 12.25GBX and a 52 week high of 41.00GBX The company’s market cap is currently 0 GBX.
In addition to Northland Capital reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is 36.00GBX with 1 broker 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 Churchill Mining PLC (LON:CHL)
Churchill Mining Plc is a United Kingdom-based company, which is engaged in the progress of the claim in international arbitration against the Republic of Indonesia (ROI) for breaches of Indonesia's obligations under the Bilateral Investment Treaty between the United Kingdom and the Republic of Indonesia and the Australia-Indonesia Bilateral Investment Treaty. The Company's principal activity and focus is arbitration claim. Its segments include the Indonesian and Australian corporate offices, which are administrative cost centers. Its East Kutai Coal Project is a thermal coal deposit with a Joint Ore Reserves Committee (JORC) resource of approximately 2.73 billion tons (comprising measured resource of approximately 693.3 metric tons, an indicated resource of over 825.1 metric tons and an inferred resource of approximately 1,211.8 metric tons). Its subsidiaries include Planet Mining Pty Ltd, PT Indonesia Coal Development, PT Techno Coal Utama Prima and PT Ridlatama Tambang Mineral.
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