Bacanora Minerals Ltd Com (BCN) Given “Buy” Rating at Liberum Capital
Liberum Capital restated their buy rating on shares of Bacanora Minerals Ltd Com (LON:BCN) in a research note issued to investors on Tuesday morning. The firm currently has a GBX 120 ($1.62) price objective on the stock.
Several other analysts have also recently issued reports on the stock. Numis Securities cut shares of Bacanora Minerals Ltd Com from a buy rating to a hold rating and lowered their target price for the stock from GBX 140 ($1.88) to GBX 110 ($1.48) in a research note on Monday. Canaccord Genuity lowered their target price on shares of Bacanora Minerals Ltd Com from GBX 130 ($1.75) to GBX 120 ($1.62) and set a speculative buy rating on the stock in a research note on Wednesday, December 13th. Shore Capital restated a not rated rating on shares of Bacanora Minerals Ltd Com in a research report on Tuesday, November 28th. Canaccord Genuity Group restated a speculative buy rating and set a GBX 120 ($1.62) price objective on shares of Bacanora Minerals Ltd Com in a research report on Thursday, November 2nd. Finally, Shore Capital Group restated a not rated rating on shares of Bacanora Minerals Ltd Com in a research report on Thursday, November 2nd. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 117.50 ($1.58).
Shares of Bacanora Minerals Ltd Com (LON:BCN) opened at GBX 108.25 ($1.46) on Tuesday. Bacanora Minerals Ltd Com has a 52 week low of GBX 61 ($0.82) and a 52 week high of GBX 108.75 ($1.46).
About Bacanora Minerals Ltd Com
Bacanora Minerals Ltd., an exploration stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties in Mexico. It primarily focuses on lithium and borates. The companys primary assets include the Sonora Lithium project, which consists of 10 mining concession area covering approximately 100 thousand hectares in the northeast of Sonora State; and the Magdalena Borate project that covers 16,503 hectares in Sonora state.
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