Panmure Gordon Increases Griffin Mining Ltd (LON:GFM) Price Target to GBX 93
Griffin Mining Ltd (LON:GFM) had its price target boosted by stock analysts at Panmure Gordon from GBX 87 ($1.15) to GBX 93 ($1.23) in a research report issued on Thursday. The firm currently has a “buy” rating on the stock. Panmure Gordon’s price target points to a potential upside of 38.81% from the company’s current price.
Shares of Griffin Mining (LON:GFM) traded down 2.90% during trading on Thursday, hitting GBX 67.00. 70,254 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of GBX 59.01 and a 200-day moving average price of GBX 55.19. The stock’s market cap is GBX 114.13 million. Griffin Mining has a one year low of GBX 26.77 and a one year high of GBX 64.05.
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Griffin Mining Company Profile
Griffin Mining Limited is a mining and investment company. The Company’s business segment is Caijiaying zinc gold mine in the People’s Republic of China. The Company is engaged in exploring, expanding and developing the Caijiaying Mine. The Company, through its subsidiary, Hebei Hua Ao Mining Industry Company Limited (Hebei Hua Ao), holds approximately 9.9 square kilometers of mining and exploration licenses and the mine and processing facilities at Caijiaying in the People’s Republic of China (the Caijiaying Mine).
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