Minera IRL Limited Rating Reiterated by Canaccord Genuity (MIRL)
Minera IRL Limited (LON:MIRL)‘s stock had its “speculative buy” rating reiterated by investment analysts at Canaccord Genuity in a note issued to investors on Tuesday, American Banking and Market News reports. They currently have a GBX 19 ($0.32) target price on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 73.36% from the company’s current price.
Shares of Minera IRL Limited (LON:MIRL) traded up 0.78% during mid-day trading on Tuesday, hitting GBX 10.96. The stock had a trading volume of 1,370,285 shares. Minera IRL Limited has a 1-year low of GBX 8.10 and a 1-year high of GBX 48.663. The stock’s 50-day moving average is GBX 10.99 and its 200-day moving average is GBX 12.4.
Other equities research analysts have also recently issued reports about the stock. Analysts at FinnCap reiterated a “corporate” rating on shares of Minera IRL Limited in a research note on Tuesday. They now have a GBX 44.70 ($0.75) price target on the stock. Separately, analysts at Numis Securities Ltd cut their price target on shares of Minera IRL Limited from GBX 40 ($0.67) to GBX 30 ($0.50) in a research note on Monday, January 13th. They now have a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 18.86 ($0.32).
Minera IRL Limited (LON:MIRL) together with its subsidiaries is a precious metals mining, development and exploration company.
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