Peel Hunt Reaffirms Buy Rating for MC Mining (MCM)

Peel Hunt reiterated their buy rating on shares of MC Mining (LON:MCM) in a report released on Tuesday morning.

Shares of MC Mining opened at GBX 24.50 ($0.33) on Tuesday, according to MC Mining has a 52 week low of GBX 30.47 ($0.41) and a 52 week high of GBX 71.60 ($0.95).

About MC Mining

MC Mining Limited, formerly Coal of Africa Limited, is a coal exploration, development and mining company. The Company’s Exploration segment is involved in the search for resources for commercial exploitation, and the determination of the technical feasibility and commercial viability of resources. The Development segment is engaged in establishing access to and commissioning facilities to extract, treat and transport production from the mineral reserve, and other preparations for commercial production.

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