Peel Hunt reissued their add rating on shares of Acacia Mining (LON:ACA) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also commented on the company. Royal Bank of Canada lowered Acacia Mining to a sector performer rating in a research report on Friday, January 25th. JPMorgan Chase & Co. raised their price objective on Acacia Mining from GBX 90 ($1.18) to GBX 100 ($1.31) and gave the company an underweight rating in a research report on Thursday, January 31st. Berenberg Bank reissued a hold rating on shares of Acacia Mining in a research report on Friday, February 22nd. Barclays reissued an overweight rating on shares of Acacia Mining in a research report on Friday, January 4th. Finally, Shore Capital reissued a not rated rating on shares of Acacia Mining in a research report on Monday, February 11th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 192.38 ($2.51).
Shares of Acacia Mining stock opened at GBX 175.70 ($2.30) on Monday. The company has a quick ratio of 0.60, a current ratio of 1.43 and a debt-to-equity ratio of 3.64. The firm has a market cap of $721.34 million and a price-to-earnings ratio of 12.20. Acacia Mining has a 12 month low of GBX 93.56 ($1.22) and a 12 month high of GBX 268.20 ($3.50).
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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