Mincon Group plc (LON:MCON – Get Free Report) traded down 25.6% during trading on Wednesday . The company traded as low as GBX 32 ($0.41) and last traded at GBX 32 ($0.41). 122,203 shares changed hands during trading, an increase of 696% from the average session volume of 15,348 shares. The stock had previously closed at GBX 43 ($0.55).
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Mincon Group in a research note on Tuesday, May 7th.
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Mincon Group Price Performance
Mincon Group Company Profile
Mincon Group plc engages in the design, manufacture, sale, and servicing of rock drilling tools and associated products in Ireland, the Americas, Australasia, Europe, the Middle East, and Africa. The company offers drill rigs and mast attachments for excavators and skid steers; down the hole (DTH) hammers; DTH drill bits for various rock-drilling applications; rotary drill bits; and construction and geotechnical solutions, including foundation drilling, pipe pile-walls, fore poling, well drilling, and anchoring.
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