Aureus Mining Receives Buy Rating from FinnCap (AUE)
Aureus Mining (LON:AUE)‘s stock had its “buy” rating reaffirmed by stock analysts at FinnCap in a report issued on Tuesday, AR Network reports. They currently have a GBX 66 ($1.11) target price on the stock. FinnCap’s price target indicates a potential upside of 149.06% from the stock’s previous close.
Shares of Aureus Mining (LON:AUE) traded down 2.75% on Tuesday, hitting GBX 26.50. The stock had a trading volume of 358,439 shares. Aureus Mining has a 1-year low of GBX 21.50 and a 1-year high of GBX 45.51. The stock has a 50-day moving average of GBX 29.05 and a 200-day moving average of GBX 31.93.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd cut their price target on shares of Aureus Mining from GBX 50 ($0.84) to GBX 45 ($0.76) in a research note on Thursday, April 24th. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Aureus Mining in a research note on Monday, April 7th. They now have a GBX 60 ($1.01) price target on the stock. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Aureus Mining presently has an average rating of “Buy” and an average price target of GBX 49.83 ($0.84).
Aureus Mining Inc is engaged in the exploration and development of gold deposits in highly prospective and under-explored areas of Liberia, Sierra Leone and Cameroon.
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