Shore Capital Reaffirms House Stock Rating for Sirius Minerals (LON:SXX)
Sirius Minerals (LON:SXX)‘s stock had its “house stock” rating reaffirmed by equities researchers at Shore Capital in a note issued to investors on Wednesday, Digital Look reports.
SXX has been the topic of several other reports. Liberum Capital restated a “buy” rating on shares of Sirius Minerals in a research note on Thursday, April 25th. Berenberg Bank lowered their price target on Sirius Minerals from GBX 40 ($0.52) to GBX 35 ($0.46) and set a “buy” rating on the stock in a research note on Tuesday, May 7th.
Shares of LON SXX traded down GBX 0.11 ($0.00) during trading hours on Wednesday, hitting GBX 15.79 ($0.21). 9,013,209 shares of the company’s stock were exchanged, compared to its average volume of 16,970,000. Sirius Minerals has a 1-year low of GBX 14.94 ($0.20) and a 1-year high of GBX 39.54 ($0.52). The company has a debt-to-equity ratio of 70.43, a quick ratio of 0.99 and a current ratio of 1.10. The stock has a market capitalization of $1.10 billion and a PE ratio of -39.48.
Sirius Minerals Plc engages in the exploration and development of resource properties in the United Kingdom. The company focuses on the development of the Woodsmith mine that explores for polyhalite deposit, a multi-nutrient fertilizer containing potassium, sulphur, magnesium, and calcium resources located in North Yorkshire.
Read More: What is an SEC Filing?
Receive News & Ratings for Sirius Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sirius Minerals and related companies with MarketBeat.com's FREE daily email newsletter.