Base Resources confident despite lower product prices
26th Feb 2024 13:02
(Sharecast News) - Base Resources reported a decrease in average achieved product prices in its half-year results on Monday, as rutile prices declined by 4%, ilmenite by 9%, and zircon by 18%.
Read moreCanaccord moves Base Resources to 'speculative buy'
31st Oct 2023 09:06
(Sharecast News) - Canaccord Genuity moved its rating on Base Resources from 'buy' to 'speculative buy' on Tuesday as the group continues its transition from a producer to a developer.
Read moreCanaccord Genuity raises target price on Base Resources
29th Sep 2021 11:19
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on mineral sands company Base Resources from 35.0p to 50.0p on Wednesday, citing its exposure to a suite of "underappreciated (but highly attractive) commodities" and a "strong" near-term dividend yield.
Read moreBerenberg reiterates 'buy' rating on Base Resources
27th Sep 2021 11:26
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on metals and mining outfit Base Resources on Monday following the group's updated definitive feasibility study for its Toliara mineral sands project in Madagascar.
Read moreBerenberg ups rating on BHP, downgrades Gem Diamonds
8th Jul 2021 07:34
(Sharecast News) - Berenberg has upgraded BHP to 'buy' and downgraded Gem Diamonds, following a review of its stance on precious metals miners.
Read moreBase Resources draws full revolving facility to continue Kwale operations
1st Apr 2020 15:05
(Sharecast News) - African mineral sands producer and developer Base Resources has drawn down the full $75m available under its existing revolving credit facility, it announced on Wednesday.
Read moreFriday broker round-up
28th Feb 2020 13:28
(Sharecast News) - McColl's Retail Group: Liberum upgrades to buy with a target price of 45p.
Read moreTuesday broker round-up
28th Jan 2020 12:40
(Sharecast News) - BAE Systems: Barclays upgrades to overweight with a target price of 760p.
Read moreBase Resources lifts guidance at Kwale Mineral Sands
13th Jan 2020 13:59
(Sharecast News) - African mineral sands producer Base Resources updated its 2020 financial year production guidance for the Kwale Mineral Sands Operations in Kenya on Monday.
Read moreWednesday broker round-up
6th Mar 2019 13:39
(Sharecast News) - Ibstock: UBS downgrades to neutral with a target price of 270p.
Read moreBase Resources granted new prospecting license in Kenya
6th Dec 2018 14:27
(Sharecast News) - Base Resources has been granted prospecting license PL/2015/0042 in the Vanga area in Kenya, it announced on Thursday.
Read moreWednesday broker round-up
26th Sep 2018 12:53
(Sharecast News) - IAG: UBS downgrades to neutral with a target price of 705p.
Read moreTuesday broker round-up
28th Aug 2018 13:05
(Sharecast News) - John Laing Group: RBC Capital Markets downgrades to sector perform with a target price of 330p.
Read moreBase Resources resource at Kwale sees small increase
11th Oct 2016 09:10
(ShareCast News) - Base Resources updated the market on its mineral resources and ore reserves at the 100% owned-and-operated Kwale operation on Tuesday, for the year to 30 June. The ASX and AIM-traded company said mineral resources at Kwale were estimated to be 134.6Mt at an average heavy mineral g
Read moreBase Resources launches entitlement offer after interim results
29th Feb 2016 11:52
(ShareCast News) - Base Resources was looking at improved trading in its interim results on Monday, while also being forced to explore options to ensure its continued financial viability. The AIM-traded company saw revenue increase in the six month period to 31 December, to AUD 81.7m (£42.17m) from
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