Tungsten Corp PLC (TUNG) Rating Reiterated by Canaccord Genuity

  • Tuesday, May 31, 2016
  • Source:ferro-alloys.com

  • Keywords:Tungsten
[Fellow][Ferro-Alloys.com]Canaccord Genuity reaffirmed their buy rating on shares of Tungsten Corp PLC (LON:TUNG) in a research report released on Tuesday. The firm currently has a GBX 76 ($1.11) target price on the stock. Shares of Tungsten Corp PLC (LON:TUNG) trade...

[Ferro-Alloys.com]Canaccord Genuity reaffirmed their buy rating on shares of Tungsten Corp PLC (LON:TUNG) in a research report released on Tuesday. The firm currently has a GBX 76 ($1.11) target price on the stock.

Shares of Tungsten Corp PLC (LON:TUNG) traded up 1.38% during midday trading on Tuesday, hitting GBX 55.00. The company had a trading volume of 38,093 shares. The firm’s market capitalization is GBX 68.97 million. Tungsten Corp PLC has a 12 month low of GBX 29.00 and a 12 month high of GBX 103.00. The company has a 50-day moving average of GBX 57.42 and a 200 day moving average of GBX 54.51.

Tungsten Corporation plc is a global e-Invoicing network that offers supply chain financing and spend analytics. The Company operates through three segments, which include Tungsten Network, Tungsten Network Finance and Corporate. Its Tungsten Network segment includes the e-Invoicing and spends analytics business of Tungsten Network.

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