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Acacia Mining PLC 9.8% Potential Upside Indicated by JP Morgan Cazenove

Acacia Mining PLC using EPIC/TICKER code (LON:ACA) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. Acacia Mining PLC are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 180 GBX on its stock. This now indicates the analyst believes there is a possible upside of 9.8% from today’s opening price of 163.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 33.5 points and decreased 12.6 points respectively. The 52 week high for the stock is 545.5 GBX while the year low stock price is currently 139.83 GBX.

Acacia Mining PLC has a 50 day moving average of 189.10 GBX and a 200 Day Moving Average share price is recorded at 227.34. There are currently 410,085,507 shares in issue with the average daily volume traded being 1,045,274. Market capitalisation for LON:ACA is £656,710,928 GBP.