RBC Capital analyst Alex Barkley maintained a Hold rating on St. Barbara Ltd. (STBMF – Research Report) on March 31 and set a price target of A$0.30. The company’s shares closed last Tuesday at $0.12.
Barkley covers the Basic Materials sector, focusing on stocks such as Ramelius Resources Limited, Northern Star Resources Ltd, and Evolution Mining Limited. According to TipRanks, Barkley has an average return of 1.8% and a 49.62% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for St. Barbara Ltd. with a $0.32 average price target.
The company has a one-year high of $0.35 and a one-year low of $0.10. Currently, St. Barbara Ltd. has an average volume of 7,590.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of STBMF in relation to earlier this year.
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