Gindalbie Metals Receives Neutral Rating from UBS AG (GBG)

Gindalbie Metals (ASX: GBG)‘s stock had its “neutral” rating reiterated by stock analysts at UBS AG in a report issued on Friday, Analyst Ratings Network reports.

Shares of Gindalbie Metals (ASX: GBG) remained flat at A$0.125 during during mid-day trading trading on Friday. Gindalbie Metals has a 52 week low of A$0.094 and a 52 week high of A$0.470. The stock’s 50-day moving average is currently A$0.14. The company’s market cap is A$175.5 million.

Gindalbie Metals Ltd. is an Australia-based iron ore company. The Company is engaged in the exploration for and evaluation of iron ore projects and joint venturing with other mining companies to explore for minerals.

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One Response

  1. Ian Tonkin says:

    Thats not exactly correct Gindalbie GBG is producing from a billion dollar plynt just completed in Australia’s Pilbrara Region. They are in partnership with China’s Ansteel. The are little more than an explorer
    regards
    Ian

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