Maxim Group assumed coverage on shares of Chilwa Minerals (NASDAQ:CHWM – Get Free Report) in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The firm set a “buy” rating and a $11.00 price target on the stock. Maxim Group‘s price target points to a potential upside of 113.18% from the company’s previous close.
Separately, Wall Street Zen raised Chilwa Minerals to a “hold” rating in a report on Saturday, October 10th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat, Chilwa Minerals presently has an average rating of “Strong Buy” and an average target price of $11.00.
View Our Latest Stock Analysis on Chilwa Minerals
Chilwa Minerals Trading Down 1.7%
Chilwa Minerals stock opened at $5.16 on Wednesday. Chilwa Minerals has a 12 month low of $4.36 and a 12 month high of $7.08.
About Chilwa Minerals
Chilwa Minerals Limited is an Australia-based mineral exploration and development company focused on mineral sands and rare earth opportunities in Malawi. The company is primarily advancing the Lake Chilwa project, a prospective mineral sands project located in southern Malawi.
The Lake Chilwa project is being explored for heavy mineral sands and associated critical minerals, including monazite, ilmenite, rutile and zircon. These minerals can be used in applications such as rare earth element production, pigments, ceramics and advanced industrial materials.
Featured Stories
- Five stocks we like better than Chilwa Minerals
- NextEra and Dominion Have a Deal—Now Comes the Hard Part
- Microsoft’s Earnings Problem: Even Great May Not Be Enough
- 3 Stocks With Yields Big Enough to Make Election Volatility Easier to Stomach
- Is Texas Instruments Setting Up for Its Next Big Breakout?
Receive News & Ratings for Chilwa Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chilwa Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
