Berenberg Bank Reaffirms Buy Rating for Base Resources (BSE)

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Berenberg Bank restated their buy rating on shares of Base Resources (LON:BSE) in a report released on Monday morning. They currently have a GBX 23 ($0.30) price objective on the stock.

Other equities research analysts have also issued reports about the stock. Peel Hunt reissued a buy rating on shares of Base Resources in a report on Wednesday, January 23rd. Numis Securities reaffirmed a buy rating and issued a GBX 30 ($0.39) price objective on shares of Base Resources in a research note on Thursday, January 17th.

Shares of LON:BSE opened at GBX 13.75 ($0.18) on Monday. Base Resources has a 12 month low of GBX 14.02 ($0.18) and a 12 month high of GBX 20.62 ($0.27).

Base Resources Company Profile

Base Resources Limited produces and sells mineral sands in Africa. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns 100% interests in the Kwale Mineral Sands project located in Kenya. The company was formerly known as Base Iron Limited and changed its name to Base Resources Limited in 2010.

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