Numis Securities reiterated their buy rating on shares of Base Resources (LON:BSE) in a research report report published on Monday. Numis Securities currently has a GBX 34 ($0.47) target price on the stock.
Shares of Base Resources (LON BSE) opened at GBX 14.75 ($0.20) on Monday. Base Resources has a 1-year low of GBX 14.02 ($0.19) and a 1-year high of GBX 20.62 ($0.28).
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Base Resources Limited is an Australia-based mineral sands producer. The Company is engaged in the operation of the 100%-owned Kwale Mineral Sands Operation (Kwale Operation) in Kenya. The Company’s segments include Kwale Operation and Other operations. The Kwale Operation is located approximately 10 kilometers inland from the Kenyan coast and over 50 kilometers south of Mombasa, the principal port facility for East Africa.
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