Acacia Mining (ACA) Given Add Rating at Peel Hunt
Peel Hunt reiterated their add rating on shares of Acacia Mining (LON:ACA) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts also recently weighed in on ACA. Barclays reaffirmed an overweight rating on shares of Acacia Mining in a research note on Friday, January 4th. Royal Bank of Canada downgraded shares of Acacia Mining to a sector performer rating in a research note on Friday, January 25th. JPMorgan Chase & Co. raised their target price on shares of Acacia Mining from GBX 90 ($1.18) to GBX 100 ($1.31) and gave the company an underweight rating in a research note on Thursday, January 31st. Shore Capital reiterated a not rated rating on shares of Acacia Mining in a research report on Monday, February 11th. Finally, Berenberg Bank increased their price target on shares of Acacia Mining from GBX 140 ($1.83) to GBX 214 ($2.80) and gave the company a sell rating in a research report on Monday, February 25th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. Acacia Mining currently has an average rating of Hold and a consensus target price of GBX 192.38 ($2.51).
Shares of ACA opened at GBX 175.70 ($2.30) on Monday. The company has a market capitalization of $721.34 million and a P/E ratio of 12.20. The company has a current ratio of 1.43, a quick ratio of 0.60 and a debt-to-equity ratio of 3.64. Acacia Mining has a 1-year low of GBX 93.56 ($1.22) and a 1-year high of GBX 268.20 ($3.50).
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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