FinnCap Reaffirms “Buy” Rating for Rambler Metals & Mining PLC (RMM)
Rambler Metals & Mining PLC (LON:RMM)‘s stock had its “buy” rating restated by analysts at FinnCap in a research report issued to clients and investors on Thursday. They currently have a GBX 40 ($0.67) target price on the stock. FinnCap’s target price would suggest a potential upside of 77.78% from the stock’s previous close.
Shares of Rambler Metals & Mining PLC (LON:RMM) traded down 0.26% on Thursday, hitting GBX 22.4425. 67,804 shares of the company’s stock traded hands. Rambler Metals & Mining PLC has a 52-week low of GBX 22.00 and a 52-week high of GBX 30.50. The stock’s 50-day moving average is GBX 24.66 and its 200-day moving average is GBX 26.92.
Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Rambler Metals & Mining PLC in a research note on Tuesday, August 5th. They now have a GBX 50 ($0.84) price target on the stock.
Rambler Metals and Mining plc is a holding company. The Company is engaged in the development, mining and exploration of the Ming Copper-Gold Mine located in Baie Verte, Newfoundland and Labrador, Canada.
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