Griffin Mining Ltd (LON:GFM)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 84.50 ($1.11) and last traded at GBX 84.50 ($1.11), with a volume of 467768 shares trading hands. The stock had previously closed at GBX 84.50 ($1.11).

Separately, Panmure Gordon lifted their target price on Griffin Mining from GBX 87 ($1.14) to GBX 93 ($1.22) and gave the company a “buy” rating in a research note on Thursday, August 3rd.

In other Griffin Mining news, insider Dal S. Brynelsen purchased 15,000 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The shares were acquired at an average price of GBX 62 ($0.82) per share, for a total transaction of £9,300 ($12,232.01). Also, insider Dal S. Brynelsen purchased 25,000 shares of the company’s stock in a transaction dated Wednesday, August 30th. The shares were acquired at an average price of GBX 62 ($0.82) per share, for a total transaction of £15,500 ($20,386.69).

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Griffin Mining Company Profile

Griffin Mining Limited is a mining and investment company. The Company’s business segment is Caijiaying zinc gold mine in the People’s Republic of China. The Company is engaged in exploring, expanding and developing the Caijiaying Mine. The Company, through its subsidiary, Hebei Hua Ao Mining Industry Company Limited (Hebei Hua Ao), holds approximately 9.9 square kilometers of mining and exploration licenses and the mine and processing facilities at Caijiaying in the People’s Republic of China (the Caijiaying Mine).

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