Shares of Acacia Mining PLC (OTCMKTS:ABGLF) reached a new 52-week high during trading on Friday . The company traded as high as $2.07 and last traded at $2.07, with a volume of 194 shares changing hands. The stock had previously closed at $1.99.

Separately, Zacks Investment Research upgraded Acacia Mining from a “sell” rating to a “hold” rating in a research report on Thursday, May 16th.

The stock has a market cap of $816.08 million, a P/E ratio of 19.90 and a beta of 0.02. The company has a quick ratio of 0.60, a current ratio of 1.38 and a debt-to-equity ratio of 0.01.

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About Acacia Mining (OTCMKTS:ABGLF)

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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