Aureus Mining Rating Reiterated by FinnCap (AUE)
Aureus Mining (LON:AUE)‘s stock had its “buy” rating reiterated by equities research analysts at FinnCap in a research note issued to investors on Thursday. They currently have a GBX 66 ($1.13) price objective on the stock. FinnCap’s price objective would indicate a potential upside of 164.00% from the stock’s previous close.
Aureus Mining (LON:AUE) traded up 0.50% during mid-day trading on Thursday, hitting GBX 25.00. 859,615 shares of the company’s stock traded hands. Aureus Mining has a 52 week low of GBX 24.15 and a 52 week high of GBX 45.51. The stock’s 50-day moving average is GBX 25.40 and its 200-day moving average is GBX 29.05.
A number of other firms have also recently commented on AUE. Analysts at Numis Securities Ltd cut their price target on shares of Aureus Mining from GBX 50 ($0.86) to GBX 45 ($0.77) in a research note on Thursday, April 24th. They now have a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Aureus Mining presently has an average rating of “Buy” and a consensus price target of GBX 51 ($0.87).
Aureus Mining Inc is engaged in the exploration and development of gold deposits in highly prospective and under-explored areas of Liberia, Sierra Leone and Cameroon.
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