Coal of Africa Limited’s (CZA) “Buy” Rating Reaffirmed at Peel Hunt

Coal of Africa Limited (LON:CZA)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a report issued on Friday. They presently have a GBX 4.40 ($0.06) price target on the stock. Peel Hunt’s price target indicates a potential upside of 57.14% from the company’s current price.

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About Coal of Africa Limited

Coal of Africa Limited is a coal exploration, development and mining company operating in South Africa. The Company’s Exploration segment is involved in the search for resources for commercial exploitation, and the determination of the technical feasibility and commercial viability of resources. The Development segment is engaged in establishing access to and commissioning facilities to extract, treat and transport production from the mineral reserve, and other preparations for commercial production.

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