ACG Acquisition (LON:ACG – Get Free Report) posted its quarterly earnings data on Thursday. The company reported GBX (1.70) EPS for the quarter, Digital Look Earnings reports. ACG Acquisition had a negative net margin of 43.72% and a negative return on equity of 104.92%.
ACG Acquisition Trading Down 1.6%
ACG stock traded down GBX 30 during midday trading on Friday, hitting GBX 1,870. 50,804 shares of the company’s stock were exchanged, compared to its average volume of 14,720. The firm has a 50 day moving average price of GBX 2,009.48 and a 200-day moving average price of GBX 1,730.49. ACG Acquisition has a 12-month low of GBX 880 and a 12-month high of GBX 2,102.93. The stock has a market capitalization of £432.81 million and a price-to-earnings ratio of -9.17.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,300 target price on shares of ACG Acquisition in a research report on Thursday. Canaccord Genuity Group decreased their price target on ACG Acquisition from GBX 2,370 to GBX 2,295 and set a “buy” rating for the company in a report on Thursday. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, ACG Acquisition presently has a consensus rating of “Buy” and an average price target of GBX 2,315.
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.
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