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Anglo Pacific Group's (APF) "Buy" Rating Reiterated at Berenberg Bank

Anglo Pacific Group (LON:APF – Get Rating)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a report issued on Monday, Marketbeat.com reports. They currently have a GBX 340 ($4.28) price objective on the stock. Berenberg Bank’s price objective would indicate a potential upside of 110.95% from the stock’s current […] ....

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Berenberg Bank Increases Anglo Pacific Group (LON:APF) Price Target to GBX 250

Anglo Pacific Group (LON:APF – Get Rating) had its target price boosted by Berenberg Bank from GBX 180 ($2.36) to GBX 250 ($3.28) in a report issued on Tuesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 38.89% from the company’s […] ....

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Patrick Meier Sells 28,024 Shares of Anglo Pacific Group plc (LON:APF) Stock

Anglo Pacific Group plc (LON:APF – Get Rating) insider Patrick Meier sold 28,024 shares of the firm’s stock in a transaction dated Wednesday, March 30th. The stock was sold at an average price of GBX 174 ($2.28), for a total value of £48,761.76 ($63,949.85). Shares of APF opened at GBX 182 ($2.39) on Wednesday. The […] ....

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Anglo Pacific Group (LON:APF) Earns "Buy" Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Anglo Pacific Group (LON:APF – Get Rating) in a research note issued to investors on Monday morning, Marketbeat reports. Berenberg Bank currently has a GBX 180 ($2.34) target price on the stock. Separately, Royal Bank of Canada reaffirmed an outperform rating and issued a GBX 245 […] ....

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Anglo Pacific acquires 70% stake in Voisey's Bay cobalt stream | 12 March 2021


12 March 2021 | 08:15am
StockMarketWire.com - Royalty and streaming company Anglo Pacific said it had completed the acquisition of a 70% stake in a stream on cobalt production from the Voisey s Bay mine in Canada for up for $232 million.
This is the ideal time to proactively redeploy capital from the iron ore sector and invest in cobalt, the company said. Since the start of 2021, the cobalt price has increased ~60% reaching two-year highs at US$24.95/lb1; and has increased ~4% since Anglo Pacific announced the acquisition, whilst the iron ore price has fallen ~4%.
The company paid US$205 million at closing and agreed a further contingent payment of up to US$27 million. ....

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