Alexander Mining plc Given Buy Rating at Nomura (AXM)
Alexander Mining plc (LON:AXM)‘s stock had its “buy” rating restated by analysts at Nomura in a research report issued to clients and investors on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 6.10 ($0.10) target price on the stock. Nomura’s price objective points to a potential upside of 52.50% from the company’s current price.
Shares of Alexander Mining plc (LON:AXM) traded up 3.23% on Tuesday, hitting GBX 4.00. 12,000 shares of the company’s stock traded hands. Alexander Mining plc has a one year low of GBX 2.179 and a one year high of GBX 7.22. The stock’s 50-day moving average is GBX 4.21 and its 200-day moving average is GBX 5.09.
AXM has been the subject of a number of other recent research reports. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Alexander Mining plc in a research note on Tuesday, May 6th. They now have a GBX 6.10 ($0.10) price target on the stock. Separately, analysts at Northland Securities reiterated a “buy” rating on shares of Alexander Mining plc in a research note on Tuesday, May 6th. They now have a GBX 6.10 ($0.10) price target on the stock.
Alexander Mining plc is a holding company. The Company is engaged in the commercialization of its mineral processing technologies, either through licensing to third parties and/or the acquisition of equity stakes in amenable deposits.
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