Atlatsa Resources Corp Stock Rating Reaffirmed by JPMorgan Chase & Co. (ATL)
Atlatsa Resources Corp (NYSE:ATL)‘s stock had its “neutral” rating reiterated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, AnalystRatingsNetwork reports. They currently have a $0.53 price target on the stock, down from their previous price target of $0.65. JPMorgan Chase & Co.’s target price indicates a potential upside of 19.80% from the stock’s previous close.
Shares of Atlatsa Resources Corp (NYSE:ATL) traded down 0.54% on Tuesday, hitting $0.44. The stock had a trading volume of 3,755 shares. Atlatsa Resources Corp has a 52 week low of $0.19 and a 52 week high of $0.67. The stock’s 50-day moving average is $0.4 and its 200-day moving average is $0.48. The company has a market cap of $186.9 million and a P/E ratio of 1.04.
Separately, analysts at TheStreet upgraded shares of Atlatsa Resources Corp from a “sell” rating to a “hold” rating in a research note on Tuesday, April 29th.
Atlatsa Resources Corporation, formerly Anooraq Resources Corporation is engaged in mining, exploration and development of mineral deposits located in the Bushveld Igneous Complex (NYSE:ATL), South Africa.
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