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Armadale Capital PLC (LON:ACP)‘s stock had its “speculative buy” rating reaffirmed by equities researchers at Beaufort Securities in a research report issued on Monday.

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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