Shares of ACG Acquisition Company Limited (LON:ACG – Get Free Report) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 1,723.68 and traded as low as GBX 1,686.02. ACG Acquisition shares last traded at GBX 1,720, with a volume of 2,148 shares trading hands.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,300 price objective on shares of ACG Acquisition in a research note on Tuesday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 2,295 target price on shares of ACG Acquisition in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 2,315.
Read Our Latest Stock Analysis on ACG Acquisition
ACG Acquisition Trading Down 1.1%
The stock’s fifty day simple moving average is GBX 1,898.42 and its 200 day simple moving average is GBX 1,723.68. The company has a market cap of £399.59 million and a price-to-earnings ratio of -3.79.
ACG Acquisition (LON:ACG – Get Free Report) last announced its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share for the quarter. ACG Acquisition had a negative net margin of 68.97% and a negative return on equity of 381.58%.
About ACG Acquisition
ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.
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