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Acacia Mining PLC 9.3% Potential Decrease Indicated by Jefferies International

Acacia Mining PLC with EPIC/TICKER (LON:ACA) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Jefferies International. Acacia Mining PLC are listed in the Basic Materials sector within UK Main Market. Jefferies International have set a target price of 195 GBX on its stock. This now indicates the analyst believes there is a potential downside of -9.3% from the opening price of 215 GBX. Over the last 30 and 90 trading days the company share price has increased 33 points and decreased 12.3 points respectively. The 1 year high for the share price is 580 GBX while the year low stock price is currently 152.8 GBX.

Acacia Mining PLC has a 50 day moving average of 195.20 GBX and the 200 Day Moving Average price is recorded at 339.12. There are currently 411,520,283 shares in issue with the average daily volume traded being 1,278,418. Market capitalisation for LON:ACA is £827,978,797 GBP.