Insider Buying: Bacanora Minerals Ltd Com (BCN) Insider Acquires £29,999.90 in Stock

Bacanora Minerals Ltd Com (LON:BCN) insider Jamie Strauss bought 42,857 shares of the business’s stock in a transaction on Thursday, September 7th. The stock was purchased at an average price of GBX 70 ($0.90) per share, for a total transaction of £29,999.90 ($38,744.54).

Shares of Bacanora Minerals Ltd Com (BCN) opened at 79.50 on Monday. The company’s market cap is GBX 104.87 million. Bacanora Minerals Ltd Com has a 52 week low of GBX 59.25 and a 52 week high of GBX 100.00. The stock’s 50 day moving average price is GBX 84.86 and its 200-day moving average price is GBX 84.37.

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BCN has been the topic of several research reports. Shore Capital restated a “not rated” rating on shares of Bacanora Minerals Ltd Com in a research note on Thursday, June 1st. Liberum Capital restated a “buy” rating and issued a GBX 130 ($1.68) target price on shares of Bacanora Minerals Ltd Com in a research note on Tuesday, July 18th. Finally, Numis Securities Ltd boosted their target price on Bacanora Minerals Ltd Com from GBX 130 ($1.68) to GBX 140 ($1.81) and gave the company a “buy” rating in a research note on Thursday, August 24th.

Bacanora Minerals Ltd Com Company Profile

Bacanora Minerals Ltd., an exploration stage mining company, engages in the identification, acquisition, exploration, and development of mineral properties in Mexico. It primarily focuses on lithium and borates. The company’s primary assets include the Sonora Lithium project, which consists of 10 mining concession area covering approximately 100 thousand hectares in the northeast of Sonora State; and the Magdalena Borate project that covers 16,503 hectares in Sonora state.

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