Acacia Mining PLC (ACA) Given “Add” Rating at Numis Securities Ltd
Acacia Mining PLC (LON:ACA)‘s stock had its “add” rating reaffirmed by analysts at Numis Securities Ltd in a research note issued to investors on Tuesday.
ACA has been the subject of a number of other reports. Deutsche Bank AG reaffirmed a “buy” rating on shares of Acacia Mining PLC in a research report on Monday, July 25th. JPMorgan Chase & Co. upped their price target on shares of Acacia Mining PLC from GBX 310 ($3.84) to GBX 440 ($5.45) and gave the stock an “overweight” rating in a research report on Tuesday, July 5th. HSBC raised shares of Acacia Mining PLC to a “buy” rating in a research report on Thursday, September 15th. Investec raised shares of Acacia Mining PLC to a “buy” rating in a research report on Tuesday, July 19th. Finally, Beaufort Securities reissued a “speculative buy” rating on shares of Acacia Mining PLC in a research report on Monday, September 19th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 353.11 ($4.37).
Acacia Mining PLC (LON:ACA) traded down 3.47% during mid-day trading on Tuesday, reaching GBX 459.40. The company’s stock had a trading volume of 544,563 shares. The stock’s 50 day moving average is GBX 497.54 and its 200 day moving average is GBX 429.48. The firm’s market cap is GBX 1.89 billion. Acacia Mining PLC has a one year low of GBX 154.00 and a one year high of GBX 615.00.
Acacia Mining PLC Company Profile
Acacia Mining Plc (Acacia), formerly African Barrick Gold Plc, is a gold miner and producer of gold in Africa. The Company is engaged in the mining, processing and sale of gold business. Its segments are North Mara gold mine, Bulyanhulu gold mine, Buzwagi gold mine, and Corporate and Exploration segment.
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