Beaufort Securities Reaffirms “Speculative Buy” Rating for Kibo Mining (KIBO)

Kibo Mining (LON:KIBO)‘s stock had its “speculative buy” rating restated by equities researchers at Beaufort Securities in a research report issued to clients and investors on Wednesday.

Shares of Kibo Mining (LON KIBO) traded up GBX 0.50 ($0.01) during trading hours on Wednesday, reaching GBX 5.75 ($0.08). 4,095,276 shares of the company’s stock traded hands, compared to its average volume of 819,591. Kibo Mining has a 52 week low of GBX 0.05 ($0.00) and a 52 week high of GBX 6.90 ($0.10). The firm has a market cap of $29.59 and a P/E ratio of -575.00.

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About Kibo Mining

Kibo Mining Plc is engaged in the exploration for and development of coal and other minerals in Tanzania. The Company operates through two segments: mining and corporate. The mining segment operates in Tanzania. The corporate segment operates in Ireland, Cyprus, South Africa, Canada and the United Kingdom.

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