African Barrick Gold Ltd (OTCMKTS:ABGLF) – Investment analysts at Jefferies Group lifted their FY2017 earnings per share estimates for shares of African Barrick Gold in a note issued to investors on Monday. Jefferies Group analyst A. Spence now anticipates that the basic materials company will post earnings of $0.28 per share for the year, up from their prior estimate of $0.27.
Separately, Zacks Investment Research upgraded African Barrick Gold from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 19th.
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About African Barrick Gold
Acacia Mining plc, together with its subsidiaries, mines, processes, and sells gold in Africa. The company has three gold mines in north-west Tanzania, including Bulyanhulu, Buzwagi, and North Mara; and a portfolio of exploration projects at various stages of development in Tanzania, Kenya, Burkina Faso, and Mali.
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