What’s in Sierra Rutile Ltd After Today’s Huge Decline?

 What's in Sierra Rutile Ltd After Today's Huge Decline?

The stock of Sierra Rutile Ltd (LON:SRX) is a huge mover today! The stock decreased 3.45% or GBX 1 on November 30, hitting GBX 28. About 92,118 shares traded hands or 155.88% up from the average. Sierra Rutile Ltd (LON:SRX) has risen 29.12% since April 29, 2016 and is uptrending. It has outperformed by 23.89% the S&P500.
The move comes after 6 months negative chart setup for the GBX 170.62M company. It was reported on Nov, 30 by Barchart.com. We have GBX 26.04 PT which if reached, will make LON:SRX worth GBX 11.94 million less.

Sierra Rutile Ltd (LON:SRX) Ratings Coverage

Out of 4 analysts covering Sierra Rutile Ltd (LON:SRX), 2 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 50% are positive. Sierra Rutile Ltd has been the topic of 23 analyst reports since August 10, 2015 according to StockzIntelligence Inc. Macquarie Research maintained it with “Underperform” rating and GBX 85 target price in Monday, November 23 report. The stock of Sierra Rutile Ltd (LON:SRX) has “Buy” rating given on Tuesday, November 17 by Investec. Investec maintained Sierra Rutile Ltd (LON:SRX) on Tuesday, July 19 with “Buy” rating. The firm has “Speculative Buy” rating given on Wednesday, March 23 by Beaufort Securities. The rating was maintained by Investec with “Buy” on Monday, October 12. The firm has “Buy” rating by Investec given on Friday, October 30. Investec maintained Sierra Rutile Ltd (LON:SRX) on Monday, November 9 with “Buy” rating. The stock of Sierra Rutile Ltd (LON:SRX) earned “Speculative Buy” rating by Beaufort Securities on Friday, April 1. The company was maintained on Monday, April 18 by Numis Securities. The stock has “Buy” rating given by Investec on Wednesday, January 20.

Another recent and important Sierra Rutile Ltd (LON:SRX) news was published by Ft.com which published an article titled: “CompaniesIluka Resources in advanced takeover talks with Sierra Rutile” on July 29, 2016.

Sierra Rutile Limited is a producer of mineral sands. The company has a market cap of 170.62 million GBP. The Company’s principal activity is exploring, producing and marketing natural rutile and related by-products from its assets in Sierra Leone. It currently has negative earnings. The Firm operates through the segment of production, refining and sale of rutile.

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