Medusa Mining Limited’s “Buy” Rating Reaffirmed at Cantor Fitzgerald (MML)
Medusa Mining Limited (ASX:MML)‘s stock had its “buy” rating restated by stock analysts at Cantor Fitzgerald in a report issued on Thursday, AR Network reports. They currently have a A$190.00 ($184.47) price target on the stock.
Medusa Mining Limited (ASX:MML) traded up 3.33% during mid-day trading on Thursday, hitting A$2.170. The stock had a trading volume of 1,259,029 shares. Medusa Mining Limited has a 52-week low of A$1.265 and a 52-week high of A$6.700. The stock has a 50-day moving average of A$2.36 and a 200-day moving average of A$2.78. The company has a market cap of A$409.9 million and a price-to-earnings ratio of 7.98.
Several other analysts have also recently commented on the stock. Analysts at SP Angel reiterated a “buy” rating on shares of Medusa Mining Limited in a research note to investors on Wednesday. They now have a A$300.00 ($291.26) price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of Medusa Mining Limited from A$3.00 ($2.91) to A$3.50 ($3.40) in a research note to investors on Wednesday, August 28th. They now have an “outperform” rating on the stock.
Medusa Mining Limited is primarily engaged in mineral exploration, evaluation, development and mining/production of gold.
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