Peel Hunt restated their reduce rating on shares of Acacia Mining PLC (LON:ACA) in a research note issued to investors on Friday, July 21st. The firm currently has a GBX 237 ($3.09) price target on the stock.
ACA has been the topic of a number of other reports. Numis Securities Ltd reissued a buy rating and set a GBX 600 ($7.81) target price on shares of Acacia Mining PLC in a research report on Friday, April 21st. J P Morgan Chase & Co reissued a neutral rating and set a GBX 500 ($6.51) target price on shares of Acacia Mining PLC in a research report on Friday, April 21st. Barclays PLC reissued an equal weight rating on shares of Acacia Mining PLC in a research report on Monday, June 5th. Citigroup Inc. reissued a sell rating and set a GBX 380 ($4.95) target price on shares of Acacia Mining PLC in a research report on Monday, April 3rd. Finally, Royal Bank Of Canada reissued an underperform rating and set a GBX 285 ($3.71) target price on shares of Acacia Mining PLC in a research report on Thursday, June 29th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 360.42 ($4.69).
Shares of Acacia Mining PLC (ACA) traded up 1.97% during midday trading on Friday, hitting GBX 191.20. 1,068,251 shares of the company’s stock were exchanged. The stock’s market cap is GBX 784.08 million. The stock’s 50 day moving average is GBX 242.79 and its 200-day moving average is GBX 373.90. Acacia Mining PLC has a 1-year low of GBX 152.80 and a 1-year high of GBX 609.50.
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About Acacia Mining PLC
Acacia Mining plc is primarily engaged in the business of mining, processing and sale of gold. The Company has three operating mines located in Tanzania. The Company’s segments are North Mara gold mine, Bulyanhulu gold mine and Buzwagi gold mine. The North Mara gold deposits are situated in the Mara Musoma greenstone belt.
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