Westerm Areas NL Receives Sector Perform Rating from RBC Capital (WSA)
Westerm Areas NL (ASX: WSA)‘s stock had its “sector perform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Friday. They currently have a $4.75 (5 AUD) price target on the stock.
Westerm Areas NL traded down 1.62% on Friday, hitting A$4.260. Westerm Areas NL has a 1-year low of A$2.460 and a 1-year high of A$9.950. The stock’s 50-day moving average is currently A$4.5. The company has a market cap of A$765.7 million and a price-to-earnings ratio of 19.33.
Western Areas Limited, formerly Western Areas NL, is an Australia-based nickel mining company. It is engaged in mining, processing and sale of nickel sulphide concentrate, the continued feasibility and development of the high grade nickel mines and the exploration for nickel sulphides, and platinum group metals.
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