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Black Mountain Resources (LON:BMZ)‘s stock had its “buy” rating reaffirmed by stock analysts at Westhouse Securities in a report issued on Thursday, Analyst Ratings News reports. They currently have a GBX 17 ($0.29) price objective on the stock.

Black Mountain Resources (LON:BMZ) traded down 27.27% during mid-day trading on Thursday, hitting GBX 2.00. 549,789 shares of the company’s stock traded hands. Black Mountain Resources has a 52 week low of GBX 2.00 and a 52 week high of GBX 10.50. The stock has a 50-day moving average of GBX 3.26 and a 200-day moving average of GBX 4.54.

Black Mountain Resources Limited is an Australian exploration company. The Company has entered into a Tenement Sale Agreement to acquire exploration tenements in Western Australia.

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