Analysts at Dundee Securities lowered their price target on shares of Elemental Minerals (ASX: ELM) from $1.30 (1 AUD) to $1.10 (1 AUD) in a research report issued to clients and investors on Thursday.

Elemental Minerals remained flat at A$0.360 during trading on Thursday. Elemental Minerals has a 1-year low of A$0.550 and a 1-year high of A$1.460. The stock’s 50-day moving average is currently A$0.60. The company’s market cap is A$87.7 million.

Elemental Minerals Limited is engaged in the exploration and development of potash resources in the Republic of Congo.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.