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Bacanora Minerals Ltd 4.2% Potential Upside Indicated by Liberum Capital

Bacanora Minerals Ltd with EPIC/TICKER (LON:BCN) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Liberum Capital. Bacanora Minerals Ltd are listed in the Basic Materials sector within AIM. Liberum Capital have set a target price of 75 GBX on its stock. This indicates the analyst now believes there is a potential upside of 4.2% from the opening price of 72 GBX. Over the last 30 and 90 trading days the company share price has decreased 14 points and decreased 17.75 points respectively. The 52 week high for the share price is currently at 157 GBX while the year low stock price is currently 68.35 GBX.

Bacanora Minerals Ltd has a 50 day moving average of 86.04 GBX and a 200 day moving average of 96.95. There are currently 134,164,872 shares in issue with the average daily volume traded being 204,148. Market capitalisation for LON:BCN is £115,042,700 GBP.