Numis Securities Ltd restated their buy rating on shares of Base Resources Ltd (LON:BSE) in a report published on Wednesday morning. Numis Securities Ltd currently has a GBX 30 ($0.39) price target on the stock.

Base Resources (LON BSE) opened at 17.25 on Wednesday. The company’s market capitalization is GBX 128.03 million. Base Resources has a 52 week low of GBX 7.00 and a 52 week high of GBX 21.50. The stock’s 50 day moving average is GBX 16.41 and its 200 day moving average is GBX 17.33.

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About Base Resources

Base Resources Limited is an Australia-based mineral sands producer. The Company is engaged in the operation of the 100%-owned Kwale Mineral Sands Operation (Kwale Operation) in Kenya. The Company’s segments include Kwale Operation and Other operations. The Kwale Operation is located approximately 10 kilometers inland from the Kenyan coast and over 50 kilometers south of Mombasa, the principal port facility for East Africa.

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