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Equities researchers at Cantor Fitzgerald Europe boosted their target price on shares of Griffin Mining Limited (LON:GFM) from GBX 70 ($1.17) to GBX 85 ($1.42) in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock. Cantor Fitzgerald Europe‘s price target would indicate a potential upside of 132.08% from the stock’s previous close.

Griffin Mining Limited (LON:GFM) traded up 0.34% during mid-day trading on Tuesday, hitting GBX 36.75. 261,272 shares of the company’s stock traded hands. Griffin Mining Limited has a 52 week low of GBX 27.60 and a 52 week high of GBX 38.40. The stock’s 50-day moving average is GBX 34.03 and its 200-day moving average is GBX 32.88.

Griffin Mining Limited is a United Kingdom-based mining company. The Company through Hebei Hua Ao holds exploration license tenements over some 10 square kilometers at Caijiaying and a mining license over some 1.

To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.

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