Acacia Mining PLC (LON:ACA) Receives GBX 188.15 Average PT from Brokerages
Shares of Acacia Mining PLC (LON:ACA) have received an average rating of “Hold” from the nine analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 188.15 ($2.46).
ACA has been the topic of a number of research analyst reports. Peel Hunt restated a “buy” rating on shares of Acacia Mining in a report on Monday, August 12th. Barclays restated an “overweight” rating and set a GBX 250 ($3.27) price objective on shares of Acacia Mining in a report on Thursday, July 4th. Berenberg Bank raised their price objective on shares of Acacia Mining from GBX 224 ($2.93) to GBX 228 ($2.98) and gave the stock a “hold” rating in a report on Tuesday, July 30th. Finally, Peel Hunt restated a “buy” rating and set a GBX 215 ($2.81) price objective on shares of Acacia Mining in a report on Tuesday, June 25th.
Shares of LON:ACA remained flat at $GBX 234 ($3.06) during midday trading on Friday. Acacia Mining has a twelve month low of GBX 132.10 ($1.73) and a twelve month high of GBX 275 ($3.59). The company has a current ratio of 1.43, a quick ratio of 0.60 and a debt-to-equity ratio of 3.64. The company’s 50 day simple moving average is GBX 242.24 and its 200 day simple moving average is GBX 200.53. The firm has a market capitalization of $959.60 million and a PE ratio of 468.00.
Acacia Mining plc, together with its subsidiaries, mines, processes, and sells gold in Africa. The company has three gold mines in north-west Tanzania, including Bulyanhulu, Buzwagi, and North Mara; and a portfolio of exploration projects at various stages of development in Tanzania, Kenya, Burkina Faso, and Mali.
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