Maxim Group initiated coverage on shares of Actinium Pharmaceuticals Inc (AMEX:ATNM) in a research report sent to investors on Thursday. The firm issued a buy rating and a $3.00 target price on the stock.

Shares of Actinium Pharmaceuticals (AMEX ATNM) traded up 2.366% during mid-day trading on Thursday, reaching $0.649. 416,709 shares of the company were exchanged. The company’s 50 day moving average price is $0.62 and its 200 day moving average price is $1.16. Actinium Pharmaceuticals has a 12 month low of $0.54 and a 12 month high of $2.15. The firm’s market capitalization is $51.93 million.

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Actinium Pharmaceuticals Company Profile

Actinium Pharmaceuticals, Inc (Actinium) is a clinical-stage biopharmaceutical company engaged in developing cancer treatments. The Company is engaged in developing therapies for diseases using its alpha particle immunotherapy platform and other related technologies. The Company’s products include Actimab-A, an antibody-drug construct containing actinium 225 (Ac-225), and Iomab-B, an antibody-drug construct containing iodine 131 (I-131).

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