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African Minerals Limited (LON:AMI)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity in a research report issued on Monday. They currently have a GBX 150 ($2.51) price target on the stock. Canaccord Genuity’s target price indicates a potential upside of 312.76% from the stock’s previous close.

Shares of African Minerals Limited (LON:AMI) opened at 38.25 on Monday. African Minerals Limited has a 52 week low of GBX 32.458 and a 52 week high of GBX 245.75. The stock’s 50-day moving average is GBX 64.76 and its 200-day moving average is GBX 113.0.

AMI has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of African Minerals Limited in a research note on Friday, August 8th. They now have a GBX 130 ($2.17) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of African Minerals Limited in a research note on Wednesday, August 6th. They now have a GBX 241 ($4.03) price target on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of GBX 218.64 ($3.65).

African Minerals Limited (LON:AMI) is a minerals exploration, development and production company with interests in Sierra Leone.

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