Iofina plc (IOF) Receives “Corporate” Rating from FinnCap

FinnCap restated their corporate rating on shares of Iofina plc (LON:IOF) in a research note published on Friday morning. The brokerage currently has a GBX 20 ($0.26) price objective on the stock.

Shares of Iofina plc (LON:IOF) traded up 2.61% during trading on Friday, reaching GBX 14.75. The company had a trading volume of 305,090 shares. The company’s market cap is GBX 18.82 million. The firm has a 50-day moving average of GBX 13.90 and a 200-day moving average of GBX 12.86. Iofina plc has a 12-month low of GBX 7.37 and a 12-month high of GBX 18.50.

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Iofina plc Company Profile

Iofina plc is a holding company. The Company is involved in the exploration and production of iodine, iodine specialty chemical derivatives, produced water and natural gas. Its segments are Iodine and Iodine Derivatives, and Montana. The activities of the Iodine and Iodine Derivatives segment include the production of raw iodine, and the production of iodine derivatives and other non-iodine based chemical derivatives.

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