Sirius Minerals’ (SXX) House Stock Rating Reaffirmed at Shore Capital

Shore Capital restated their house stock rating on shares of Sirius Minerals (LON:SXX) in a research report released on Monday, Digital Look reports.

Several other research firms have also recently issued reports on SXX. Liberum Capital reiterated a buy rating and set a GBX 9 ($0.12) target price on shares of Sirius Minerals in a research report on Monday, November 11th. Berenberg Bank dropped their price target on Sirius Minerals from GBX 17 ($0.22) to GBX 4 ($0.05) and set a hold rating for the company in a research report on Monday, September 30th.

Shares of LON:SXX opened at GBX 3.50 ($0.05) on Monday. The firm has a 50 day simple moving average of GBX 3.29 and a 200-day simple moving average of GBX 9.91. Sirius Minerals has a twelve month low of GBX 2.10 ($0.03) and a twelve month high of GBX 8,389 ($109.62). The company has a current ratio of 1.24, a quick ratio of 0.66 and a debt-to-equity ratio of 82.48. The company has a market capitalization of $243.85 million and a PE ratio of 4.37.

In related news, insider Christopher N. Fraser acquired 250,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The shares were acquired at an average price of GBX 4 ($0.05) per share, with a total value of £10,000 ($13,066.77).

Sirius Minerals Company Profile

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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