Bacanora Minerals Ltd Com (BCN) Insider Jamie Strauss Buys 42,857 Shares
Bacanora Minerals Ltd Com (LON:BCN) insider Jamie Strauss purchased 42,857 shares of Bacanora Minerals Ltd Com stock in a transaction that occurred on Thursday, September 7th. The stock was bought at an average cost of GBX 70 ($0.90) per share, with a total value of £29,999.90 ($38,744.54).
Shares of Bacanora Minerals Ltd Com (LON:BCN) traded down 2.45% during midday trading on Friday, reaching GBX 79.50. 11,250 shares of the company were exchanged. Bacanora Minerals Ltd Com has a 52-week low of GBX 59.25 and a 52-week high of GBX 100.00. The stock’s 50-day moving average price is GBX 85.01 and its 200-day moving average price is GBX 84.40. The company’s market capitalization is GBX 104.87 million.
A number of equities research analysts recently weighed in on the stock. Numis Securities Ltd boosted their price target on shares of Bacanora Minerals Ltd Com from GBX 130 ($1.68) to GBX 140 ($1.81) and gave the company a “buy” rating in a research report on Thursday, August 24th. Shore Capital reissued a “not rated” rating on shares of Bacanora Minerals Ltd Com in a research report on Thursday, June 1st. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 130 ($1.68) price target on shares of Bacanora Minerals Ltd Com in a research report on Tuesday, July 18th.
About Bacanora Minerals Ltd Com
Bacanora Minerals Ltd., an exploration stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties in Mexico. It primarily focuses on lithium and borates. The companys primary assets include the Sonora Lithium project, which consists of 10 mining concession area covering approximately 100 thousand hectares in the northeast of Sonora State; and the Magdalena Borate project that covers 16,503 hectares in Sonora state.
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