Aureus Mining Plc Given New GBX 50 Price Target at Numis Securities Ltd (AUE)
Stock analysts at Numis Securities Ltd cut their price target on shares of Aureus Mining Plc (LON:AUE) from GBX 60 ($0.99) to GBX 50 ($0.82) in a report issued on Monday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 61.62% from the company’s current price.
Shares of Aureus Mining Plc (LON:AUE) opened at 30.75 on Monday. Aureus Mining Plc has a one year low of GBX 21.50 and a one year high of GBX 50.60. The stock’s 50-day moving average is GBX 33.0 and its 200-day moving average is GBX 33.71.
Several other analysts have also recently commented on the stock. Analysts at FinnCap reiterated a “buy” rating on shares of Aureus Mining Plc in a research note to investors on Tuesday, December 17th. They now have a GBX 81.40 ($1.34) price target on the stock. Finally, analysts at BMO Capital Markets downgraded shares of Aureus Mining Plc from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, November 28th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 54.73 ($0.90).
Aureus Mining Inc is engaged in the exploration and development of gold deposits in highly prospective and under-explored areas of Liberia, Sierra Leone and Cameroon.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.