There are still considerable risks to the gold miner’s investment case
Thursday 28 Feb 2019 Author: Daniel Coatsworth
Shares in gold producer Acacia Mining ( ACA ) have shot up over the past week to hit 256.6p thanks to market anticipation it could resolve a long-standing problem in Tanzania. Several analysts say investors shouldn’t rush to buy following the rally as the stock is starting to look fully valued. Tanzania imposed a ban in March 2017 on exports of gold/copper concentrate which impacted around half of Acacia’s...