Base Resources’ (BSE) Buy Rating Reiterated at Peel Hunt

Base Resources (LON:BSE)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a report issued on Thursday.

Separately, Numis Securities restated a “buy” rating and set a GBX 30 ($0.39) price target on shares of Base Resources in a research note on Wednesday, August 29th.

LON BSE opened at GBX 14.50 ($0.19) on Thursday. Base Resources has a twelve month low of GBX 14.02 ($0.18) and a twelve month high of GBX 20.62 ($0.27).

About Base Resources

Base Resources Limited produces and sells mineral sands in Africa. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns 100% interests in the Kwale Mineral Sands project located in Kenya. The company was formerly known as Base Iron Limited and changed its name to Base Resources Limited in 2010.

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