ACG Acquisition (LON:ACG – Get Free Report) released its earnings results on Thursday. The company reported GBX (1.70) earnings per share for the quarter, Digital Look Earnings reports. ACG Acquisition had a negative return on equity of 104.92% and a negative net margin of 43.72%.
ACG Acquisition Trading Down 1.6%
Shares of ACG traded down GBX 30 during trading hours on Friday, hitting GBX 1,870. The company had a trading volume of 50,804 shares, compared to its average volume of 14,720. The company has a market capitalization of £432.81 million and a PE ratio of -9.17. ACG Acquisition has a one year low of GBX 880 and a one year high of GBX 2,102.93. The company’s fifty day moving average price is GBX 2,009.48 and its two-hundred day moving average price is GBX 1,730.49.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on ACG shares. Berenberg Bank restated a “buy” rating and issued a GBX 2,300 price objective on shares of ACG Acquisition in a report on Thursday. Canaccord Genuity Group decreased their target price on shares of ACG Acquisition from GBX 2,370 to GBX 2,295 and set a “buy” rating on the stock in a research report on Thursday. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price 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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