Shore Capital Reaffirms “not rated” Rating for Bacanora Minerals Ltd Com (BCN)
Bacanora Minerals Ltd Com (LON:BCN)‘s stock had its “not rated” rating reaffirmed by investment analysts at Shore Capital in a research report issued on Thursday.
Several other equities analysts have also recently commented on the stock. Liberum Capital reaffirmed a “buy” rating and set a GBX 130 ($1.72) price target on shares of Bacanora Minerals Ltd Com in a research report on Tuesday, July 18th. Canaccord Genuity reaffirmed a “speculative buy” rating and set a GBX 120 ($1.58) price target on shares of Bacanora Minerals Ltd Com in a research report on Friday, October 20th. Finally, Numis Securities Ltd increased their price target on shares of Bacanora Minerals Ltd Com from GBX 130 ($1.72) to GBX 140 ($1.85) and gave the stock a “buy” rating in a research report on Thursday, August 24th.
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In other Bacanora Minerals Ltd Com news, insider Jamie Strauss acquired 42,857 shares of the company’s stock in a transaction that occurred on Thursday, September 7th. The shares were purchased at an average price of GBX 70 ($0.92) per share, for a total transaction of £29,999.90 ($39,588.15).
Bacanora Minerals Ltd Com Company Profile
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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