Base Resources (LON:BSE)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research note issued on Thursday.
Separately, Numis Securities reiterated a “buy” rating and issued a GBX 30 ($0.39) price target on shares of Base Resources in a report on Wednesday, August 29th.
Shares of LON:BSE opened at GBX 13.75 ($0.18) on Thursday. Base Resources has a 1 year low of GBX 14.02 ($0.18) and a 1 year high of GBX 20.62 ($0.27).
Base Resources Limited produces and sells mineral sands in Africa. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns 100% interests in the Kwale mineral sands project located in Kenya. The company was formerly known as Base Iron Limited and changed its name to Base Resources Limited in 2010.
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