Wolf Minerals Limited (LON:WLFE)‘s stock had its “buy” rating reissued by investment analysts at FinnCap in a note issued to investors on Friday, Market Beat Ratings reports. They currently have a GBX 18 ($0.26) target price on the stock. FinnCap’s price objective suggests a potential upside of 121.54% from the company’s previous close.

Shares of Wolf Minerals Limited (LON:WLFE) opened at 8.12 on Friday. The firm’s market capitalization is GBX 65.77 million. Wolf Minerals Limited has a 52-week low of GBX 7.12 and a 52-week high of GBX 22.54. The stock has a 50 day moving average of GBX 8.35 and a 200-day moving average of GBX 13.14.

Wolf Minerals Limited is an Australia-based specialty metals company. The Company is developing a tungsten production hub at its Hemerdon Tungsten and Tin Project in the United Kingdom’s Southwest. The Company is engaged in project development, conducted through its subsidiary, Wolf Minerals (LON:WLFE) Limited. The Company, through its Hemerdon Tungsten and Tin Project, produces specialty metals. The Company’s Drakelands Mine is a tungsten mine. Its Drakelands Mine would give a production of approximately 5,000 tons per annum of tungsten concentrate and approximately 1,000 tons of tin concentrate. The tungsten and tin at the Hemerdon project is found within large granite deposits. The ore extraction will occur through open-pit mining. The Company operates in Perth, Western Australia and Plymouth, England.

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