Acacia Mining PLC (LON:ACA) will release its earnings data on Friday, October 21st. Analysts expect Acacia Mining PLC to post earnings of $0.11 per share for the quarter.
Acacia Mining PLC (LON:ACA) opened at 465.20 on Wednesday. The firm has a 50-day moving average price of GBX 484.96 and a 200 day moving average price of GBX 434.94. Acacia Mining PLC has a 12 month low of GBX 154.00 and a 12 month high of GBX 615.00. The company’s market capitalization is GBX 1.91 billion.
ACA has been the subject of a number of research analyst reports. Deutsche Bank AG reissued a “buy” rating on shares of Acacia Mining PLC in a research note on Monday, September 5th. JPMorgan Chase & Co. upped their price objective on Acacia Mining PLC from GBX 310 ($3.78) to GBX 440 ($5.36) and gave the stock an “overweight” rating in a research report on Tuesday, July 5th. Barclays PLC upped their price objective on Acacia Mining PLC from GBX 340 ($4.14) to GBX 500 ($6.09) and gave the stock an “equal weight” rating in a research report on Wednesday, September 21st. Investec raised Acacia Mining PLC to a “buy” rating in a research report on Tuesday, July 19th. Finally, Panmure Gordon cut Acacia Mining PLC to a “hold” rating and set a GBX 400 ($4.88) price objective for the company. in a research report on Friday, September 16th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. Acacia Mining PLC presently has an average rating of “Hold” and an average target price of GBX 358.83 ($4.37).
About Acacia Mining PLC
Acacia Mining Plc (Acacia), formerly African Barrick Gold Plc, is a gold miner and producer of gold in Africa. The Company is engaged in the mining, processing and sale of gold business. Its segments are North Mara gold mine, Bulyanhulu gold mine, Buzwagi gold mine, and Corporate and Exploration segment.
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