Guardian Metal Resources PLC American Depositary Shares, each representing five (5)’s Lock-Up Period Set To End on September 16th (NYSEAMERICAN:GMTL)

Guardian Metal Resources PLC American Depositary Shares, each representing five (5)’s (NYSEAMERICAN:GMTL) lock-up period will end on Wednesday, September 16th. Guardian Metal Resources PLC American Depositary Shares, each representing five (5) had issued 4,444,400 shares in its initial public offering on March 20th. The total size of the offering was $59,999,400 based on an initial share price of $13.50. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Analysts Set New Price Targets

Separately, DA Davidson reaffirmed a “buy” rating and set a $30.00 price objective on shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) in a report on Wednesday, July 1st. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $30.00.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) Stock Down 7.4%

Shares of Guardian Metal Resources PLC American Depositary Shares, each representing five (5) stock opened at $10.53 on Friday. The firm has a fifty day moving average of $11.64. Guardian Metal Resources PLC American Depositary Shares, each representing five has a fifty-two week low of $8.60 and a fifty-two week high of $22.20.

Guardian Metal Resources PLC American Depositary Shares, each representing five (5) Company Profile

Guardian Metal Resources PLC is an exploration-stage company focused on tungsten principally in Nevada, United States. Guardian Metal Resources PLC is based in LONDON, UK.