Sirius Minerals PLC (LON:SXX)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 15 ($0.20) and last traded at GBX 15.30 ($0.20), with a volume of 181559224 shares changing hands. The stock had previously closed at GBX 15.90 ($0.21).
Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their target price on Sirius Minerals from GBX 45 ($0.59) to GBX 35 ($0.46) and set an “overweight” rating for the company in a report on Thursday, January 31st. Liberum Capital reiterated a “buy” rating on shares of Sirius Minerals in a report on Friday, March 29th. Berenberg Bank lowered their target price on Sirius Minerals from GBX 40 ($0.52) to GBX 35 ($0.46) and set a “buy” rating for the company in a report on Tuesday, May 7th. Finally, Shore Capital reiterated a “house stock” rating on shares of Sirius Minerals in a report on Wednesday.
The firm has a market capitalization of $753.84 million and a price-to-earnings ratio of -37.70. The company has a quick ratio of 0.99, a current ratio of 1.10 and a debt-to-equity ratio of 70.43.
Sirius Minerals Plc engages in the exploration and development of resource properties in the United Kingdom. The company focuses on the development of the Woodsmith mine that explores for polyhalite deposit, a multi-nutrient fertilizer containing potassium, sulphur, magnesium, and calcium resources located in North Yorkshire.
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