Rambler Metals and Mining plc’s Buy Rating Reaffirmed at Cantor Fitzgerald (RMM)
Rambler Metals and Mining plc (LON:RMM)‘s stock had its “buy” rating reaffirmed by equities research analysts at Cantor Fitzgerald in a research note issued to investors on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 47 ($0.75) target price on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 72.73% from the stock’s previous close.
Rambler Metals and Mining plc (LON:RMM) traded up 5.67% during mid-day trading on Tuesday, hitting GBX 27.21. 278,477 shares of the company’s stock traded hands. Rambler Metals and Mining plc has a one year low of GBX 21.851 and a one year high of GBX 39.00. The stock’s 50-day moving average is GBX 24.22 and its 200-day moving average is GBX 26.16.
A number of other analysts have also recently weighed in on RMM. Analysts at Seymour Pierce reiterated a “buy” rating on shares of Rambler Metals and Mining plc in a research note to investors on Tuesday, October 1st. They now have a GBX 47 ($0.75) price target on the stock.
Rambler Metals and Mining plc is a holding company. The Company is engaged in the development, mining and exploration of the Ming Copper-Gold Mine located in Baie Verte, Newfoundland and Labrador, Canada.
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