ACG Acquisition (LON:ACG) Shares Up 1.9% – Should You Buy?

ACG Acquisition Company Limited (LON:ACG) was up 1.9% during trading on Monday . The company traded as high as GBX 2,100 and last traded at GBX 2,100. 1,967 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 13,892 shares. The stock had previously closed at GBX 2,060.

Wall Street Analysts Forecast Growth

ACG has been the subject of several research reports. Stifel Nicolaus reissued a “buy” rating and issued a GBX 2,350 price objective on shares of ACG Acquisition in a research report on Tuesday, April 21st. Berenberg Bank restated a “buy” rating and set a GBX 2,300 price objective on shares of ACG Acquisition in a report on Friday, July 24th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 2,170 price target on shares of ACG Acquisition in a research report on Tuesday, July 14th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 2,273.33.

ACG Acquisition Price Performance

The business has a 50-day moving average of GBX 1,872.47 and a two-hundred day moving average of GBX 1,647.03. The company has a market cap of £472.16 million and a P/E ratio of -10.00.

About ACG Acquisition

ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.