Shore Capital Reaffirms House Stock Rating for Sirius Minerals (SXX)

Shore Capital restated their house stock rating on shares of Sirius Minerals (LON:SXX) in a research report report published on Wednesday morning, Digital Look reports.

SXX has been the topic of several other research reports. JPMorgan Chase & Co. dropped their target price on shares of Sirius Minerals from GBX 45 ($0.59) to GBX 35 ($0.46) and set an overweight rating on the stock in a research note on Thursday, January 31st. Liberum Capital restated a buy rating on shares of Sirius Minerals in a research report on Friday, March 29th. Finally, Berenberg Bank lowered their price objective on shares of Sirius Minerals from GBX 40 ($0.52) to GBX 35 ($0.46) and set a buy rating on the stock in a research report on Tuesday, May 7th.

Shares of LON SXX opened at GBX 15.15 ($0.20) on Wednesday. The company has a market capitalization of $756.84 million and a PE ratio of -37.88. Sirius Minerals has a 52-week low of GBX 15 ($0.20) and a 52-week high of GBX 39.78 ($0.52). The company has a debt-to-equity ratio of 70.43, a quick ratio of 0.99 and a current ratio of 1.10.

Sirius Minerals Company Profile

Sirius Minerals Plc engages in the exploration and development of resource properties in the United Kingdom. The company focuses on the development of the Woodsmith mine that explores for polyhalite deposit, a multi-nutrient fertilizer containing potassium, sulphur, magnesium, and calcium resources located in North Yorkshire.

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