Peel Hunt Reiterates Buy Rating for Amara Mining Plc (AMA)
Amara Mining Plc (LON:AMA)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a report issued on Thursday. They currently have a GBX 43 ($0.71) target price on the stock. Peel Hunt’s price objective would suggest a potential upside of 79.17% from the stock’s previous close.
Amara Mining Plc (LON:AMA) opened at 25.01 on Thursday. Amara Mining Plc has a 1-year low of GBX 11.50 and a 1-year high of GBX 26.50. The stock has a 50-day moving average of GBX 22.95 and a 200-day moving average of GBX 18.72.
Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Amara Mining Plc in a research note on Thursday, July 31st. They now have a GBX 33 ($0.55) price target on the stock. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 32.10 ($0.53).
Amara Mining plc is a gold mining and exploration company. The Company is engaged in the acquisition, exploration, development and operation of gold mines and deposits in West Africa.
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