Beowulf Mining Plc Rating Reiterated by Cantor Fitzgerald Europe (BEM)
Beowulf Mining Plc (LON:BEM)‘s stock had its “buy” rating reiterated by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Monday, Stock Ratings Network.com reports. They currently have a GBX 18 ($0.30) price target on the stock. Cantor Fitzgerald Europe’s price target would indicate a potential upside of 221.83% from the stock’s previous close.
Separately, analysts at Beaufort Securities initiated coverage on shares of Beowulf Mining Plc in a research note to investors on Thursday. They set a “speculative buy” rating on the stock.
Shares of Beowulf Mining Plc (LON:BEM) traded down 8.69% on Monday, hitting GBX 5.593. 795,310 shares of the company’s stock traded hands. Beowulf Mining Plc has a one year low of GBX 4.877 and a one year high of GBX 14.75. The stock has a 50-day moving average of GBX 5.59 and a 200-day moving average of GBX 6.70.
Beowulf Mining Plc (LON:BEM) is engaged in the exploration for iron, copper, gold and uranium deposits.
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