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Acacia Mining PLC 5.3% Potential Upside 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 140 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.3% from today’s opening price of 133 GBX. Over the last 30 and 90 trading days the company share price has decreased 39 points and decreased 34.4 points respectively. The 1 year high share price is 508.5 GBX while the 52 week low for the share price is 130.9 GBX.

Acacia Mining PLC has a 50 day moving average of 178.20 GBX and a 200 Day Moving Average share price is recorded at 206.53. There are currently 412,724,467 shares in issue with the average daily volume traded being 1,530,534. Market capitalisation for LON:ACA is £547,272,668 GBP.