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Acacia Mining PLC 46% Potential Upside Indicated by Barclays Capital

Acacia Mining PLC with EPIC/TICKER (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 164 GBX on its stock. This now indicates the analyst believes there is a possible upside of 46.0% from the opening price of 112.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.95 points and decreased 38.35 points respectively. The 1 year high stock price is 290.2 GBX while the 52 week low for the stock is 105.15 GBX.

Acacia Mining PLC has a 50 day moving average of 130.52 GBX and the 200 Day Moving Average price is recorded at 161.69. There are currently 134,823,248 shares in issue with the average daily volume traded being 1,574,077. Market capitalisation for LON:ACA is £483,604,614 GBP.