Allana Potash Corp Lowered to “Market Perform” at Raymond James (AAA)
Allana Potash Corp (CVE:AAA) was downgraded by equities researchers at Raymond James from an “outperform” rating to a “market perform” rating in a research report issued on Wednesday. They currently have a C$0.65 price target on the stock, down from their previous price target of C$1.25.
Allana Potash Corp (CVE:AAA) traded up 4.00% during mid-day trading on Wednesday, hitting $0.39. 495,428 shares of the company’s stock traded hands. Allana Potash Corp has a 52 week low of $0.265 and a 52 week high of $0.65. The stock’s 50-day moving average is $0.38 and its 200-day moving average is $0.40.
Allana Potash Corp. (CVE:AAA) is a junior mining company with a focus on the acquisition and development of potash assets internationally with its focus on the Danakhil Potash property (the Dallol Potash Project), which is a previously explored potash property in Ethiopia.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.