SP Angel Reaffirms Buy Rating for Ormonde Mining PLC (ORM)
Ormonde Mining PLC (LON:ORM)‘s stock had its “buy” rating reaffirmed by investment analysts at SP Angel in a note issued to investors on Wednesday. They currently have a GBX 8 ($0.13) target price on the stock. SP Angel’s price objective suggests a potential upside of 60.00% from the stock’s previous close.
Ormonde Mining PLC (LON:ORM) opened at 4.50 on Wednesday. Ormonde Mining PLC has a one year low of GBX 3.45 and a one year high of GBX 5.65. The stock’s 50-day moving average is GBX 3.95 and its 200-day moving average is GBX 4.53.
Separately, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Ormonde Mining PLC in a research note on Wednesday, July 16th.
Ormonde Mining Plc (LON:ORM) is an Ireland-based mining company.
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