Minera IRL Limited Price Target Cut to GBX 36 (MIRL)
Stock analysts at Fox-Davies Capital reduced their price objective on shares of Minera IRL Limited (LON:MIRL) from GBX 48 ($0.74) to GBX 36 ($0.56) in a report issued on Friday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Fox-Davies Capital’s price objective points to a potential upside of 166.67% from the stock’s previous close.
Minera IRL Limited (LON:MIRL) opened at 14.25 on Friday. Minera IRL Limited has a 52-week low of GBX 10.80 and a 52-week high of GBX 62.00. The stock has a 50-day moving average of GBX 13.21 and a 200-day moving average of GBX 25.21.
A number of other analysts have also recently weighed in on MIRL. Analysts at Jennings Capital cut their price target on shares of Minera IRL Limited to GBX 0.75 ($0.01) in a research note to investors on Thursday. They now have a “speculative buy” rating on the stock. Separately, analysts at RBC Capital cut their price target on shares of Minera IRL Limited from GBX 0.75 ($0.01) to GBX 0.45 ($0.01) in a research note to investors on Wednesday, August 28th. They now have a “sector perform” rating on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Minera IRL Limited in a research note to investors on Tuesday, August 27th. They now have a GBX 40 ($0.62) price target on the stock.
One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Minera IRL Limited presently has an average rating of “Buy” and an average price target of GBX 30.93 ($0.48).
Minera IRL Limited (LON:MIRL) together with its subsidiaries is a precious metals mining, development and exploration company.
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