Stratex International plc’s “Speculative Buy” Rating Reaffirmed at Beaufort Securities (STI)
Stratex International plc (LON:STI) traded up 31.09% during mid-day trading on Thursday, hitting GBX 3.90. 7,971,172 shares of the company’s stock traded hands. Stratex International plc has a 52-week low of GBX 2.67 and a 52-week high of GBX 4.50. The stock has a 50-day moving average of GBX 2.90 and a 200-day moving average of GBX 3.49.
Other equities research analysts have also recently issued reports about the stock. Analysts at SP Angel reiterated a “buy” rating on shares of Stratex International plc in a research note on Wednesday. They now have a GBX 12.10 ($0.21) price target on the stock. Separately, analysts at Northland Securities reiterated a “corporate” rating on shares of Stratex International plc in a research note on Wednesday.
Stratex International Plc is engaged in the exploration and development of gold and other high-value base metals.
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