Zacks Investment Research upgraded shares of Vedanta Resources plc (NASDAQ:VDNRF) from a hold rating to a strong-buy rating in a research report report published on Thursday. The brokerage currently has $12.00 price objective on the stock.

According to Zacks, “Vedanta Resources plc is engaged in exploring, extracting and processing minerals, and oil and gas. It produces zinc, lead, silver, copper, aluminum, iron ore, oil and gas and commercial power. The company operates primarily in India, Zambia, Namibia, South Africa, Liberia, Ireland, Australia and the United Arab Emirates. Vedanta Resources plc is headquartered in London, the United Kingdom. “

Shares of Vedanta Resources plc (VDNRF) traded down 0.0009% during trading on Thursday, hitting $11.6999. The stock had a trading volume of 1,809 shares. The stock’s market capitalization is $3.25 billion. The stock’s 50-day moving average is $10.05 and its 200-day moving average is $9.29. Vedanta Resources plc has a 12-month low of $6.45 and a 12-month high of $13.58.

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Vedanta Resources plc Company Profile

Vedanta Resources plc is a natural resources company, which is engaged in exploring, extracting and processing minerals, and oil and gas. The Company produces zinc, lead, silver, copper, aluminum, iron ore, oil and gas, and commercial power. Its operations are located in India, Zambia, Namibia, South Africa, Liberia, Ireland, Australia and the United Arab Emirates.

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