Iofina (IOF) Receives Corporate Rating from FinnCap

FinnCap reaffirmed their corporate rating on shares of Iofina (LON:IOF) in a research report released on Thursday. The brokerage currently has a GBX 20 ($0.27) price objective on the stock.

Shares of Iofina (LON:IOF) traded up GBX 0.62 ($0.01) during mid-day trading on Thursday, reaching GBX 17 ($0.23). 614,116 shares of the company’s stock were exchanged, compared to its average volume of 336,012. Iofina has a twelve month low of GBX 7.37 ($0.10) and a twelve month high of GBX 18.50 ($0.25).

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Iofina 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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