ACG Acquisition (LON:ACG – Get Free Report) issued its quarterly earnings results on Thursday. The company reported GBX (1.70) EPS 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 Stock Down 1.6%
ACG stock traded down GBX 30 during midday trading on Friday, reaching GBX 1,870. 50,804 shares of the company’s stock traded hands, compared to its average volume of 14,720. The company has a market cap of £432.81 million and a price-to-earnings ratio of -9.17. The firm’s fifty day moving average price is GBX 2,009.48 and its 200-day moving average price is GBX 1,730.49. ACG Acquisition has a 52 week low of GBX 880 and a 52 week high of GBX 2,102.93.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on ACG. Canaccord Genuity Group dropped their price target 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. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,300 target price on shares of ACG Acquisition in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, ACG Acquisition presently has a consensus rating of “Buy” and a consensus 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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