Medusa Mining Limited Receives “Outperform” Rating from RBC Capital (MML)
Medusa Mining Limited (ASX: MML)‘s stock had its “outperform” rating restated by equities researchers at RBC Capital in a report issued on Thursday. They currently have a $7.50 (7 AUD) target price on the stock.
Medusa Mining Limited traded down 7.01% on Thursday, hitting A$3.980. Medusa Mining Limited has a 1-year low of A$3.890 and a 1-year high of A$6.700. The stock’s 50-day moving average is currently A$4.89. The company has a market cap of A$751.8 million and a price-to-earnings ratio of 16.46.
Separately, analysts at SP Angel cut their price target on shares of Medusa Mining Limited from $612.00 to $585.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
Medusa Mining Limited is primarily engaged in mineral exploration, evaluation, development and mining/production of gold.
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