Sirius Minerals (LON:SXX) Receives House Stock Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of Sirius Minerals (LON:SXX) in a report released on Wednesday, May 22nd, LSE.Co.UK reports.

Several other equities analysts also recently issued reports on SXX. Liberum Capital reiterated a buy rating on shares of Sirius Minerals in a research report on Tuesday, January 22nd. JPMorgan Chase & Co. lowered their target price on Sirius Minerals from GBX 45 ($0.59) to GBX 35 ($0.46) and set an overweight rating for the company in a research note on Thursday, January 31st. Finally, Berenberg Bank lowered their target price on Sirius Minerals from GBX 40 ($0.52) to GBX 35 ($0.46) and set a buy rating for the company in a research note on Tuesday, May 7th.

SXX traded down GBX 0.26 ($0.00) during trading on Wednesday, hitting GBX 15.38 ($0.20). The company’s stock had a trading volume of 29,326,796 shares, compared to its average volume of 16,970,000. The company has a debt-to-equity ratio of 70.43, a quick ratio of 0.99 and a current ratio of 1.10. Sirius Minerals has a 12 month low of GBX 14.94 ($0.20) and a 12 month high of GBX 39.54 ($0.52). The company has a market cap of $1.07 billion and a price-to-earnings ratio of -38.45.

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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