Liberum Capital issued a report on Berkeley Energia Ltd (LON:BKY), supporting its stock price target at 60.00GBX today
- Updated: September 19, 2016
Boasting a price of 49.25GBX, Berkeley Energia Ltd (LON:BKY) traded 8.67% higher on the day. With the last stock close up 40.34% relative to the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same time period. Berkeley Energia Ltd has registered a 50-day average of 45.63GBX and 200-day moving average of 35.62GBX. Trade volume was was up over the average, with 566,326 shares of BKY changing hands over the typical 394,745 shares.
Liberum Capital held the estimated target of Berkeley Energia Ltd (LON:BKY) at 60GBX, indicating a possible upside of 0.22%,
On Wednesday July 27 2016, FinnCap reported on Berkeley Energia Ltd(LON:BKY) raised the target price from 0.00GBX to 113.00GBX. At the time, this indicated a possible upside of 1.31%.
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A total of 1 brokerage has reported on Berkeley Energia Ltd. One analyst rate the stock a strong buy, 0 rate the company a buy, 0 firms rate the stock a hold, 0 rate the company to underperform, and lastly 0 firmsrate the company as sell with an average target of 2.04GBX
With a total market value of 0.0 GBX, Berkeley Energia Ltd has a one-year low of 19.50GBX and a one-year high of 52.60GBX with a P/E ratio of 0.
Brief Synopsis About Berkeley Energia Ltd (LON:BKY)
Berkeley Energy Limited, formerly Berkeley Resources Limited, is an energy company. The principal activity of the Company is mineral exploration. The Company operates in the segment of uranium exploration and development in Spain. It is focused on bringing its flagship Salamanca Project (Project), which is located in Western Spain into production. It holds interest in a total Mineral Resource estimated at around 88.2 million pounds of contained U3O8 (85.2 million tons at 470 parts per million (ppm) U3O8 at a cut-off grade of 200 ppm U3O8). The Salamanca Project consists of the Retortillo, Alameda, Zona 7 and Gambuta deposits, as well as a number of other Satellite Deposits, and through the development phase. The Zona 7 deposit is located within 10 kilometers of the processing plant and hosts an inferred mineral resource estimate (MRE) of approximately 23.2 million tons averaging around 589 ppm U3O8 for around 30.1 million pounds of U3O8 (at a 200 parts per million U3O8 cut-off grade).
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