Minera IRL Limited’s Speculative Buy Rating Reaffirmed at Canaccord Genuity (MIRL)
Minera IRL Limited (LON:MIRL)‘s stock had its “speculative buy” rating restated by stock analysts at Canaccord Genuity in a report issued on Friday. They currently have a GBX 20 ($0.34) price target on the stock. Canaccord Genuity’s price objective suggests a potential upside of 103.25% from the stock’s previous close.
Minera IRL Limited (LON:MIRL) traded up 1.33% during mid-day trading on Friday, hitting GBX 9.88. 27,151 shares of the company’s stock traded hands. Minera IRL Limited has a 1-year low of GBX 7.216 and a 1-year high of GBX 18.75. The stock has a 50-day moving average of GBX 10.77 and a 200-day moving average of GBX 9.48.
A number of other firms have also recently commented on MIRL. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Minera IRL Limited in a research note on Friday. They now have a GBX 20 ($0.34) price target on the stock. Separately, analysts at FinnCap reiterated a “corporate” rating on shares of Minera IRL Limited in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 13.05 ($0.22).
Minera IRL Limited (LON:MIRL) is engaged in the mining, development, exploration and operation of gold mines in Latin America.
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