Mincon Group plc (LON:MCON – Get Free Report)’s share price fell 25.6% during trading on Wednesday . The stock traded as low as GBX 32 ($0.41) and last traded at GBX 32 ($0.41). Approximately 122,203 shares traded hands during mid-day trading, an increase of 696% from the average daily volume of 15,348 shares. The stock had previously closed at GBX 43 ($0.55).
Analysts Set New Price Targets
Separately, Shore Capital reissued a “house stock” rating on shares of Mincon Group in a research note on Tuesday, May 7th.
View Our Latest Stock Report on Mincon Group
Mincon Group Trading Down 25.6 %
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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