Sirius Minerals (LON:SXX) Earns Buy Rating from Liberum Capital

Liberum Capital reissued their buy rating on shares of Sirius Minerals (LON:SXX) in a report released on Friday, March 29th, ThisIsMoney.Co.Uk reports.

Separately, JPMorgan Chase & Co. reduced their price objective on shares of Sirius Minerals from GBX 45 ($0.59) to GBX 35 ($0.46) and set an overweight rating on the stock in a report on Thursday, January 31st.

Shares of SXX traded down GBX 0.88 ($0.01) during midday trading on Friday, reaching GBX 20.54 ($0.27). The stock had a trading volume of 65,678,296 shares, compared to its average volume of 16,970,000. Sirius Minerals has a 1-year low of GBX 17.29 ($0.23) and a 1-year high of GBX 39.78 ($0.52). The firm has a market capitalization of $981.14 million and a price-to-earnings ratio of -41.08. The company has a current ratio of 0.92, a quick ratio of 0.86 and a debt-to-equity ratio of 55.33.

Sirius Minerals Company Profile

Sirius Minerals Plc engages in the exploration and development of resource properties in the United Kingdom. The company focuses on the development of the Woodsmith mine that explores for polyhalite deposit, a multi-nutrient fertilizer containing potassium, sulphur, magnesium, and calcium resources located in North Yorkshire.

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