A number of research firms have changed their ratings and price targets for Acacia Mining (LON: ACA):

  • 5/20/2019 – Acacia Mining had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 5/16/2019 – Acacia Mining had its “buy” rating reaffirmed by analysts at Numis Securities Ltd.
  • 5/10/2019 – Acacia Mining had its price target raised by analysts at JPMorgan Chase & Co. from GBX 120 ($1.57) to GBX 130 ($1.70). They now have an “underweight” rating on the stock.
  • 5/8/2019 – Acacia Mining had its “overweight” rating reaffirmed by analysts at Barclays PLC.
  • 5/7/2019 – Acacia Mining was downgraded by analysts at Peel Hunt to a “hold” rating.
  • 4/26/2019 – Acacia Mining had its price target lowered by analysts at Royal Bank of Canada from GBX 190 ($2.48) to GBX 160.90 ($2.10). They now have a “sector performer” rating on the stock.
  • 4/25/2019 – Acacia Mining had its “sell” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 214 ($2.80) price target on the stock.
  • 4/15/2019 – Acacia Mining had its “sell” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 214 ($2.80) price target on the stock.
  • 4/15/2019 – Acacia Mining had its price target lowered by analysts at Royal Bank of Canada from GBX 200 ($2.61) to GBX 190 ($2.48). They now have a “sector performer” rating on the stock.
  • 4/15/2019 – Acacia Mining had its “add” rating reaffirmed by analysts at Peel Hunt.
  • 4/12/2019 – Acacia Mining had its price target raised by analysts at Barclays PLC from GBX 225 ($2.94) to GBX 250 ($3.27). They now have an “overweight” rating on the stock.
  • 4/10/2019 – Acacia Mining had its price target raised by analysts at JPMorgan Chase & Co. from GBX 100 ($1.31) to GBX 120 ($1.57). They now have an “underweight” rating on the stock.

LON:ACA traded down GBX 3.70 ($0.05) during trading hours on Wednesday, hitting GBX 155.80 ($2.04). The company had a trading volume of 460,886 shares, compared to its average volume of 1,700,000. The stock has a market cap of $638.91 million and a P/E ratio of 311.60. Acacia Mining PLC has a 52 week low of GBX 93.56 ($1.22) and a 52 week high of GBX 268.20 ($3.50). The company has a quick ratio of 0.60, a current ratio of 1.43 and a debt-to-equity ratio of 3.64.

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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