Report
EUR 13.86 For Business Accounts Only

ASSORE LTD. sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of ASSORE LTD. (ZA), active in the Non Ferrous Metals industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 31, 2020, the closing price was ZAR 245.26 and its target price was estimated at ZAR 215.57.
Underlying
Assore Ltd.

Assore is a mining holding company engaged principally in ventures involving base minerals and metals. Co.'s principal investment is a 50% interest in Assmang Proprietary Limited which it controls jointly with African Rainbow Minerals Limited. Co.'s iron ore division is engaged in mining, crushing, screening and jigging of run-of-mine ore and tertiary recovery of fine iron ore product. Co.'s manganese division is engaged in mining, crushing, washing and screening of ore, smelting of ferromanganese, and production of refined ferromanganese. Co.'s chrome division is engaged in mining, crushing and concentrating of ore.

Provider
TheScreener
TheScreener

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