Anglo Pacific Group plc 54.3% potential upside indicated by Berenberg Bank

Anglo Pacific Group plc with ticker (LON:APF) now has a potential upside of 54.3% according to Berenberg Bank.



Berenberg Bank set a target price of 340 GBX for the company, which when compared to the Anglo Pacific Group plc share price of 156 GBX at opening today (26/05/2022) indicates a potential upside of 54.3%. Trading has ranged between 119 (52 week low) and 193 (52 week high) with an average of 597,296 shares exchanging hands daily. The market capitalisation at the time of writing is £344,818,638.

Anglo Pacific Group PLC is a United Kingdom-based company, which focuses on royalties connected with the mining of natural resources. The Company’s producing royalties include Kestrel, Mantos Blancos, Maracas Menchen, El Valle- Boinas/Carles (EVBC) and Four Mile. The Company’s development royalties include Salamanca, Groundhog, Incoa and Piaui. The Company’s early-stage royalties include Pilbara, Ring of Fire, Canariaco and Dugbe 1. Kestrel is an underground coal mine located in the Bowen Basin, Queensland, Australia. The Mantos Blancos is located 45 kilometers (km) from the port city of Antofagasta in Chile’s north and is 800 meter above sea level. The Mantos Blancos mine is an open pit operation, producing copper with silver by-products. The Maracas Menchen project is located in approximately 250 km south-west of the city of Salvador, the capital of Bahia State, Brazil. EVBC is located in the Rio Narcea Gold Belt of northern Spain. The Salamanca uranium project is located in Spain.