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Analysts at Numis Securities Ltd reduced their price target on shares of Minera IRL Limited (LON:MIRL) from GBX 40 ($0.66) to GBX 30 ($0.49) in a research report issued to clients and investors on Monday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s target price points to a potential upside of 160.87% from the company’s current price.

Minera IRL Limited (LON:MIRL) opened at 11.775 on Monday. Minera IRL Limited has a 52-week low of GBX 8.10 and a 52-week high of GBX 52.75. The stock’s 50-day moving average is GBX 10.26 and its 200-day moving average is GBX 12.76.

A number of other firms have also recently commented on MIRL. Analysts at Canaccord Genuity cut their price target on shares of Minera IRL Limited from GBX 40 ($0.66) to GBX 22 ($0.36) in a research note to investors on Friday, December 20th. They now have a “buy” rating on the stock. Separately, analysts at FinnCap cut their price target on shares of Minera IRL Limited from GBX 64.50 ($1.06) to GBX 44.70 ($0.74) in a research note to investors on Thursday, November 28th. They now have a “corporate” rating on the stock. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 19.29 ($0.32).

Minera IRL Limited (LON:MIRL) together with its subsidiaries is a precious metals mining, development and exploration company.

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