What’s Propelling Berkeley Energia Ltd to Increase So Much?

 What's Propelling Berkeley Energia Ltd to Increase So Much?

The stock of Berkeley Energia Ltd (LON:BKY) is a huge mover today! The stock closed at GBX 46.5 during the last session. It is down 60.34% since April 28, 2016 and is uptrending. It has outperformed by 55.08% the S&P500.
The move comes after 8 months positive chart setup for the GBX company. It was reported on Nov, 29 by Barchart.com. We have GBX 50.69 PT which if reached, will make LON:BKY worth GBX more.

Berkeley Energia Ltd (LON:BKY) Ratings Coverage

Out of 7 analysts covering Berkeley Resources Ltd (LON:BKY), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. Berkeley Resources Ltd has been the topic of 16 analyst reports since October 8, 2015 according to StockzIntelligence Inc. The rating was maintained by Numis Securities on Thursday, October 8 with “Buy”. FinnCap maintained Berkeley Energia Ltd (LON:BKY) rating on Tuesday, July 26. FinnCap has “Buy” rating and GBX 113 price target. The stock of Berkeley Energia Ltd (LON:BKY) has “Equal-Weight” rating given on Friday, November 6 by Deutsche Bank. The firm earned “Buy” rating on Friday, June 10 by Numis Securities. The rating was maintained by WH Ireland with “Buy” on Tuesday, September 20. Numis Securities maintained Berkeley Energia Ltd (LON:BKY) on Wednesday, November 4 with “Buy” rating. The firm has “Buy” rating given on Tuesday, February 16 by WH Ireland. The stock of Berkeley Energia Ltd (LON:BKY) has “Buy” rating given on Wednesday, January 27 by WH Ireland. Liberum Capital maintained Berkeley Energia Ltd (LON:BKY) on Tuesday, September 20 with “Buy” rating. The rating was maintained by Numis Securities with “Buy” on Wednesday, March 9.

Berkeley Energia Limited, formerly Berkeley Energy Limited, is engaged in mineral exploration and development. The company has a market cap of GBP. The Firm is focused on developing Europe’s uranium project, the Salamanca mine. It currently has negative earnings.

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