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Acacia Mining PLC 23.5% Potential Upside Indicated by Barclays Capital

Acacia Mining PLC using EPIC/TICKER code (LON:ACA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Acacia Mining PLC are listed in the Basic Materials sector within UK Main Market. Barclays Capital have set a target price of 250 GBX on its stock. This indicates the analyst now believes there is a potential upside of 23.5% from the opening price of 202.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.4 points and increased 9.05 points respectively. The 52 week high for the share price is currently at 268.2 GBX while the year low share price is currently 93.56 GBX.

Acacia Mining PLC has a 50 day moving average of 211.72 GBX and a 200 day moving average of 169.22. There are currently 410,085,499 shares in issue with the average daily volume traded being 876,684. Market capitalisation for LON:ACA is £806,638,164 GBP.