Base Resources (OTCMKTS:BSRUF) Given New GBX 36 Price Target at Berenberg Bank

Base Resources (OTCMKTS:BSRUF – Get Rating) had its target price boosted by equities research analysts at Berenberg Bank from GBX 35 ($0.43) to GBX 36 ($0.45) in a report issued on Wednesday, The Fly reports.

Base Resources Stock Performance

OTCMKTS:BSRUF remained flat at 0.17 during trading on Wednesday. The business’s fifty day moving average is 0.17 and its two-hundred day moving average is 0.19. Base Resources has a 1-year low of 0.11 and a 1-year high of 1.00.

About Base Resources

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Base Resources Limited operates as mineral sand developer and producer in Africa. It operates through Kwale Operation, Toliara Project, and Other segments. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns a 100% interest in the Kwale Mineral Sands project located in Kenya; and develops the Toliara project located in Madagascar.