Beaufort Securities Reiterates Speculative Buy Rating for Armadale Capital PLC (ACP)
Other equities research analysts have also recently issued reports about the stock. Analysts at FinnCap initiated coverage on shares of Armadale Capital PLC in a research note on Thursday, June 5th. They set a “corporate” rating and a GBX 0.18 ($0.00) price target on the stock.
Armadale Capital PLC (LON:ACP) traded down 8.31% during mid-day trading on Monday, hitting GBX 0.0894. The stock had a trading volume of 39,860,620 shares. Armadale Capital PLC has a 1-year low of GBX 0.06 and a 1-year high of GBX 0.16. The stock has a 50-day moving average of GBX 0.09 and a 200-day moving average of GBX 0.14.
Armadale Capital Plc is engaged in commercializing process technologies, including coal briquetting and acid mine drainage (LON:ACP), and to act as project manager for the treatment of AMD on the Witwatersrand Goldfields of South Africa and the development of a coal briquetting plant in Natal Province of South Africa, these activities being undertaken by Western Utilities Corporation (Pty) Limited (WUC).
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