Liberum Capital restated their buy rating on shares of Bacanora Minerals Ltd Com (LON:BCN) in a report released on Thursday, March 1st. The brokerage currently has a GBX 120 ($1.66) price objective on the stock.
A number of other equities research analysts also recently weighed in on the stock. Canaccord Genuity Group reissued a speculative buy rating and issued a GBX 120 ($1.66) price target on shares of Bacanora Minerals Ltd Com in a report on Thursday, November 2nd. Shore Capital Group reissued a not rated rating on shares of Bacanora Minerals Ltd Com in a report on Thursday, November 2nd. Shore Capital reissued a not rated rating on shares of Bacanora Minerals Ltd Com in a report on Thursday, November 2nd. Canaccord Genuity cut their price objective on Bacanora Minerals Ltd Com from GBX 130 ($1.80) to GBX 120 ($1.66) and set a speculative buy rating on the stock in a report on Wednesday, December 13th. Finally, Numis Securities downgraded Bacanora Minerals Ltd Com from a buy rating to a hold rating and cut their price objective for the stock from GBX 140 ($1.93) to GBX 110 ($1.52) in a report on Monday, December 18th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Bacanora Minerals Ltd Com has an average rating of Hold and a consensus target price of GBX 131.25 ($1.81).
Bacanora Minerals Ltd Com (BCN) traded up GBX 0.50 ($0.01) during mid-day trading on Thursday, reaching GBX 84.50 ($1.17). 112,554 shares of the company traded hands, compared to its average volume of 298,592. Bacanora Minerals Ltd Com has a 1-year low of GBX 76.50 ($1.06) and a 1-year high of GBX 157 ($2.17).
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About Bacanora Minerals Ltd Com
Bacanora Minerals Ltd., an exploration stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties in Mexico. It primarily focuses on lithium and borates. The companys primary assets include the Sonora Lithium project, which consists of 10 mining concession area covering approximately 100 thousand hectares in the northeast of Sonora State; and the Magdalena Borate project that covers 16,503 hectares in Sonora state.
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