Sirius Minerals PLC’s (SXX) Buy Rating Reaffirmed at Shore Capital

Shore Capital reissued their buy rating on shares of Sirius Minerals PLC (LON:SXX) in a report issued on Monday morning.

Several other research analysts also recently issued reports on the company. Liberum Capital reaffirmed a buy rating and set a GBX 60 ($0.77) price target on shares of Sirius Minerals PLC in a research note on Wednesday, August 16th. J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 45 ($0.58) price target on shares of Sirius Minerals PLC in a research note on Friday, June 30th.

Sirius Minerals PLC (LON:SXX) opened at 25.95 on Monday. The company has a 50-day moving average of GBX 28.14 and a 200 day moving average of GBX 26.32. Sirius Minerals PLC has a 12 month low of GBX 16.75 and a 12 month high of GBX 42.75. The stock’s market capitalization is GBX 1.14 billion.

Sirius Minerals PLC (LON:SXX) last released its quarterly earnings data on Wednesday, August 16th. The potash development company reported ($0.04) earnings per share for the quarter. On average, equities research analysts anticipate that Sirius Minerals PLC will post ($0.24) earnings per share for the current fiscal year.

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In other news, insider Elizabeth Noel Harwerth bought 7,373 shares of the business’s stock in a transaction that occurred on Monday, September 4th. The stock was purchased at an average price of GBX 27 ($0.35) per share, with a total value of £1,990.71 ($2,570.98).

Sirius Minerals PLC Company Profile

Sirius Mineral Plc is a United Kingdom-based resource development company. The Company is focused on the development of a polyhalite deposit located in North Yorkshire, the United Kingdom. The Company’s focus is on developing a multi-nutrient product, POLY4, to be used as a direct-application fertilizer and as a component in nitrogen, phosphorus and potassium (NPK) blending.

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