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Acacia Mining PLC 9.1% Potential Upside Indicated by RBC Capital Markets

Acacia Mining PLC using EPIC/TICKER code (LON:ACA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ today by analysts at RBC Capital Markets. Acacia Mining PLC are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set a target price of 160.9 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.1% from the opening price of 147.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 51.15 points and decreased 33.25 points respectively. The 52 week high for the share price is currently at 268.2 GBX while the 52 week low for the stock is 93.56 GBX.

Acacia Mining PLC has a 50 day moving average of 208.74 GBX and the 200 Day Moving Average price is recorded at 171.79. There are currently 410,085,499 shares in issue with the average daily volume traded being 892,327. Market capitalisation for LON:ACA is £609,797,124 GBP.

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