Alexander Mining plc Given Buy Rating at Northland Securities (AXM)
Alexander Mining plc (LON:AXM)‘s stock had its “buy” rating reaffirmed by equities researchers at Northland Securities in a research report issued on Tuesday. They currently have a GBX 6.10 ($0.10) price objective on the stock. Northland Securities’ price target points to a potential upside of 68.28% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of Alexander Mining plc in a research note on Tuesday, May 6th. They now have a GBX 6.10 ($0.10) price target on the stock. Separately, analysts at Northland Capital Partners reiterated a “buy” rating on shares of Alexander Mining plc in a research note on Tuesday, May 6th. They now have a GBX 6.10 ($0.10) price target on the stock. Finally, analysts at Northland Capital Partners cut their price target on shares of Alexander Mining plc from GBX 8.10 ($0.14) to GBX 6.10 ($0.10) in a research note on Wednesday, April 16th. They now have a “buy” rating on the stock.
Shares of Alexander Mining plc (LON:AXM) traded up 2.86% on Tuesday, hitting GBX 3.60. 77,700 shares of the company’s stock traded hands. Alexander Mining plc has a 52 week low of GBX 2.60 and a 52 week high of GBX 5.80. The stock’s 50-day moving average is GBX 3.50 and its 200-day moving average is GBX 4.5.
Alexander Mining plc is a holding company. The Company is engaged in the commercialization of its mineral processing technologies, either through licensing to third parties and/or the acquisition of equity stakes in amenable deposits.
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