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Acacia Mining PLC 12.3% Potential Decrease Indicated by Berenberg

Acacia Mining PLC with EPIC/TICKER (LON:ACA) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Berenberg. Acacia Mining PLC are listed in the Basic Materials sector within UK Main Market. Berenberg have set a target price of 214 GBX on its stock. This would indicate that the analyst believes there is a downside of -12.3% from the opening price of 244 GBX. Over the last 30 and 90 trading days the company share price has increased 58.55 points and increased 54.15 points respectively. The 1 year high for the share price is 268.2 GBX while the 52 week low for the share price is 93.56 GBX.

Acacia Mining PLC has a 50 day moving average of 200.55 GBX and a 200 day moving average of 155.11. There are currently 410,085,499 shares in issue with the average daily volume traded being 917,867. Market capitalisation for LON:ACA is £1,010,865,260 GBP.