Bellzone Mining PLC PT Lowered to GBX 3.30 (BZM)
Stock analysts at Investec dropped their price objective on shares of Bellzone Mining PLC (LON:BZM) from GBX 10 ($0.17) to GBX 3.30 ($0.06) in a report issued on Friday. The firm currently has a “buy” rating on the stock. Investec’s price objective would indicate a potential upside of 22.46% from the company’s current price.
Separately, analysts at Canaccord Genuity cut their price target on shares of Bellzone Mining PLC from GBX 3.80 ($0.06) to GBX 3.50 ($0.06) in a research note on Monday, April 14th. They now have a “hold” rating on the stock.
Shares of Bellzone Mining PLC (LON:BZM) opened at 2.97 on Friday. Bellzone Mining PLC has a one year low of GBX 2.40 and a one year high of GBX 6.70. The stock’s 50-day moving average is GBX 2.82 and its 200-day moving average is GBX 3.50.
Bellzone Mining plc is engaged in the exploration, development and operation of iron, copper and nickel licenses in the Republic of Guinea.
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