Iofina PLC (LON:IOF) has been retained to Corporate in a statement by finnCap earlier today.
- Updated: October 15, 2016
finnCap has retained Iofina PLC (LON:IOF) to Corporate in a statement released on 10/13/2016.
Boasting a price of 11.75GBX, Iofina PLC (LON:IOF) traded -7.37% lower on the day. With the last stock price close down -21.26% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Iofina PLC has recorded a 50-day average of 13.63GBX and a two hundred day average of 13.97GBX. Volume of trade was up over the average, with 880,348 shares of IOF changing hands over the typical 307,811
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Iofina PLC has a 52 week low of 4.25GBX and a 52 week high of 27.39GBX The company’s market cap is currently 0 GBX.
In addition to finnCap reporting its stock price target, a total of 1 broker has issued a report on the company. The average stock price target is 0.31GBX 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.
General Information About Iofina PLC (LON:IOF)
Iofina plc is a holding company. The Company is involved in the exploration and production of iodine, iodine specialty chemical derivatives, produced water and natural gas. Its segments are Iodine and Iodine Derivatives, and Montana. The activities of the Iodine and Iodine Derivatives segment include the production of raw iodine, and the production of iodine derivatives and other non-iodine based chemical derivatives. The Montana segment includes the Atlantis Field project for the exploration and production of natural gas, iodine and water for use in various applications, and the Montana Water Depot project, which includes volumes of water retrieved, stored and shipped to customers in close proximity to be used mainly for fracking. It is also engaged in recycling of iodine using iodinated side-streams from waste chemical processes in Europe, North America and Asia. Its Wellhead Extraction Technology (WET) and WET IOsorb methods enable the co-production of iodine from brine.
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