Base Resources (LON:BSE – Free Report) had its target price lowered by Berenberg Bank from GBX 15 ($0.20) to GBX 13 ($0.17) in a report released on Tuesday, Digital Look reports. The firm currently has a hold rating on the stock.
Separately, Canaccord Genuity Group reiterated a speculative buy rating and issued a GBX 35 ($0.46) target price on shares of Base Resources in a research report on Tuesday, April 30th.
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Base Resources Trading Up 1.9 %
Base Resources Company Profile
Base Resources Limited operates as mineral sand developer and producer in Africa. It operates through Kwale Operation, Toliara Project, and Other segments. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns a 100% interest in the Kwale Mineral Sands project located in Kenya; and develops the Toliara project located in Madagascar.
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