November 29, 2016 - By Richard Conner
Investment analysts at Northland Capital have GBX 104.00 price target on Mariana Resources Ltd (LON:MARL). Northland Capital’s price target means a potential upside of 35.95% from the company’s current stock price. The rating was disclosed to clients in a research report on 29 November.
Out of 3 analysts covering Mariana Resources Ltd (LON:MARL), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 104 is the highest target while GBX 4.80 is the lowest. The GBX 54.40 average target is -27.50% below today’s (GBX 75.03) stock price. Mariana Resources Ltd has been the topic of 40 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The stock of Mariana Resources Ltd. (LON:MARL) earned “Speculative Buy” rating by Beaufort Securities on Wednesday, September 2. The firm earned “Buy” rating on Tuesday, August 30 by Northland Capital. The company was maintained on Wednesday, August 24 by Northland Capital. Northland Capital maintained Mariana Resources Ltd. (LON:MARL) on Thursday, November 12 with “Buy” rating. As per Tuesday, April 19, the company rating was maintained by Northland Capital. The stock has “Speculative Buy” rating given by Northland Capital on Monday, July 27. The stock of Mariana Resources Ltd. (LON:MARL) has “Speculative Buy” rating given on Tuesday, August 18 by Northland Capital. The firm earned “Speculative Buy” rating on Tuesday, February 9 by Beaufort Securities. The company was maintained on Saturday, August 22 by Northland Capital. Northland Capital maintained it with “Buy” rating and GBX 104 target price in Friday, October 7 report.
About 43,823 shares traded hands. Mariana Resources Ltd. (LON:MARL) has risen 275.31% since April 29, 2016 and is uptrending. It has outperformed by 270.05% the S&P500.
Mariana Resources Limited is a holding company. The company has a market cap of 94.62 million GBP. The Firm is engaged in the mineral exploration in Argentina, Chile, Suriname, Turkey and Peru. It currently has negative earnings. The Company’s divisions include Argentina, Chile, Peru, Suriname, Turkey and Head Office operations.
More notable recent Mariana Resources Ltd. (LON:MARL) news were published by: Globenewswire.com which released: “Mariana Resources Ltd : Mariana Commences Drilling at its 100% Ergama Copper …” on November 29, 2016, also Globenewswire.com with their article: “Mariana Resources Ltd : Issue of Equity Option Exercise” published on September 09, 2016, Globenewswire.com published: “Mariana Resources Ltd : Appointment of New Non Executive Directors” on July 06, 2016. More interesting news about Mariana Resources Ltd. (LON:MARL) were released by: Globenewswire.com and their article: “Mariana Resources Ltd : Renewed Argentinean Focus” published on August 24, 2016 as well as Globenewswire.com‘s news article titled: “Mariana Resources Ltd : Mariana Enters Agreement to Acquire 80% of AwalÃ© …” with publication date: October 07, 2016.
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