In a report released on January 23, Matthew Hope from Ord Minnett upgraded Viridis Mining and Minerals Limited (VMM – Research Report) to a Buy, with a price target of A$1.00. The company’s shares closed yesterday at A$0.42.
According to TipRanks, Hope is a 4-star analyst with an average return of 7.5% and a 47.69% success rate. Hope covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths Limited, Iluka Resources Limited, and Northern Minerals Limited.
Viridis Mining and Minerals Limited has an analyst consensus of Moderate Buy, with a price target consensus of A$1.00.
VMM market cap is currently A$787.7K and has a P/E ratio of -2.49.
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Viridis Mining and Minerals Limited (VMM) Company Description:
Viridis Mining and Minerals Ltd is a mineral explorer primarily focused on a portfolio of coal assets in Indonesia.
Read More on AU:VMM:
- Viridis Announces Major Resource Estimate Upgrade for Colossus Project
- Viridis Mining’s Colossus Project Sets Global Benchmark in Rare Earth Resources
- Viridis Mining Requests Trading Halt for Resource Update
- Viridis Mining Announces Director’s Interest Changes
- Viridis Mining and Minerals Announces Cessation of Securities
