Share Name Share Symbol Market Type Share ISIN Share Description
Acacia Mining LSE:ACA London Ordinary Share GB00B61D2N63 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.90p -1.59% 179.10p 178.80p 179.30p 180.50p 177.30p 178.00p 304,633 13:07:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 853.2 196.0 18.8 10.4 734.46

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Date Time Title Posts
20/9/201709:50Acacia Mining1,216
13/9/201712:31Credit Agricole SA: Bankster a la Francais89
28/1/201317:57TIME FOR ACTION5,707
25/10/201014:50G63
15/9/200610:01Strange Phone Call118

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Trade Time Trade Price Trade Size Trade Value Trade Type
12:07:14179.10271485.36AT
12:07:14179.10415743.27AT
12:06:34178.705496.50AT
12:06:34178.701,0021,790.57AT
12:06:34178.70372664.76AT
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DateSubject
21/9/2017
09:20
Acacia Mining Daily Update: Acacia Mining is listed in the Mining sector of the London Stock Exchange with ticker ACA. The last closing price for Acacia Mining was 182p.
Acacia Mining has a 4 week average price of 172.90p and a 12 week average price of 152.80p.
The 1 year high share price is 580p while the 1 year low share price is currently 152.80p.
There are currently 410,085,499 shares in issue and the average daily traded volume is 1,323,131 shares. The market capitalisation of Acacia Mining is £734,463,128.71.
08/8/2017
14:22
yaki: So Morth Mara is 1/3 of Acacia's gold and probably the most profitable. If assume that Bulyanhulu and Buzwagi are taken over by the government, we still have at least 1/3 of the original Acacia value. So before the share price was c500p, so we can expect worst case scenarios of c170p, ie being the absolute bottom price?
25/7/2017
19:55
redbaron10: Hey blindsquirrel we could always apply a bit of creative accounting similar to the Tanzanian claim for $190bn in fines/interest/back taxes.Instead of a value of just 30p a share for money in Acacia's bank account ,we could attribute a huge value to the Kenyan,Burkina Faso and Mali assets that Acacia own.Howabout a nice number of $1.5bn all in.Forgetting the small matter of the $190bn fines,Acacia has a market cap of $2bn and share price around £5-£5.50.Sorted.
01/6/2017
19:59
redbaron10: Just have to be patient.All the last posters have made sensible,pertinent points.If the Tanzanian authorities wanted to fully nationalise the mines,why aren't Petra diamond and Ashanti gold share prices not in free-fall in sympathy with the ACA share price? And why would they bother waiting? If that is what the government's intent is then get on and do it,rather than make themselves look silly with a bogus committee and their laughable findings.Also the president dismissed the mining minister at the same time so his scapegoat and get out clause is already in place.The authorities i feel just want to apply some more pressure without killing the proverbial 'golden goose' which is an appropriate metaphor in Acacia's case! It will be lose lose for all concerned if an agreeable compromise isn't reached,with any future foreign investment into the country put in jeopardy.The US has previously stopped aid to Tanzania,this president is in danger of making his country far poorer,not richer,which isn't his stated aim.It is all very well wanting to root out corruption and fraud in a country's economy but it can't be achieved overnight,or with stunts like this that he's pulled.
30/5/2017
10:55
harry vederci: Acacia Mining now a 'binary investment', figures Investec 30 May, 2017 10:09 - Updated: 11:09 With shares in Acacia Mining down by more than a third since Tanzania's accusation that the company is grossly underreporting the value of its gold exports, Investec said the company was more of a "binary investment" as it "may not be dealing with a rational administration". After an investigation of containers held at Dar Es Salaam port by a presidential committee, the FTSE 250 gold miner, which is 63.9%-owned by Toronto-based Barrick Gold, was accused of reporting only a tenth of the true gold content. The committee claimed to have found gold content of 7.8 tonnes, or 250,000 ounces, which compared to the 26,000oz declared by the company and the 254,552 oz produced in the calendar year of 2016. "We had expected the concentrate ban to be resolved, anticipating perhaps some penalty in the form of increased tax prepayments," said Investec on Tuesday, keeping its 'hold' rating and setting a 'binary' target price outcome of 512p or 235p. "However, given the implausible assertions being propagated by the Tanzanian government, it now appears that Acacia may not be dealing with a rational administration and that there may not in fact be an equitable resolution to come. "Unless some resolution is reached, Acacia now faces the prospect of a protracted and costly legal battle in international courts." The fall in the share price might arguably reflects an appropriate risk adjustment, analyst Hunter Hillcoat wrote, were it not for the improbability of the government’s assertion. If Acacia decides to close its Bulyanhulu and Buzwagi mines to focus on its one remaining mine in the country and emerging production from Kenya, his valuation for the shares crashes to 235p as 2018-19 earnings per share forecasts would reduce by more than half, but if the situation is resolved the base case of 512p offers plenty of upside. "Our sense is that Acacia is now more of a binary investment – it is either worth what it was before this situation, or it is worth the cash that it has in its (non-Tanzanian) banks. We cannot recommend investment in Acacia until the Tanzanian authorities provide some comfort that companies can operate there under predefined agreements."
27/2/2017
00:23
malcolmmm: A charging gold price has worked wonders for Acacia Mining’s (LSE: ACA) share value so far in 2017. As we reach the mid-point of quarter one, the Africa-focused mining play has gained a staggering 43% in value. The shiny commodity has gained wings as investors fret over the political direction of President Trump’s White House, while the evolving Brexit issue — and more recently political intrigue in North Korea — has also added support. These issues have seen gold move back above $1,240 per ounce for the first time since mid-November. Whilst Federal Reserve rate hikes could see gold values backtrack again, the range of issues supporting cautious buying are unlikely to abate any time soon, a factor that could keep gold prices moving higher, and with it Acacia Mining, moving higher. Indeed, the list of political and economic tension could well rise as the year progresses as the new US administration beds in; fears of a debt crisis in Europe grow; and major elections on the continent take place. The City expects earnings at Acacia Mining to leap 85% in 2017, created by predictions of a strong metal price and soaring production levels, particularly from its Buzwagi asset in Tanzania. This results in an undemanding P/E ratio of 15.6 times, while an additional 2% advance pencilled in for next year nudges the multiple to an even-better 15.2 times. This leaves scope for extra share price strength should commodity prices keep rising
27/6/2016
12:26
3rd eye: ACA Acacia Mining...... Share of the week: Love this gold digger By Harriet Mann | Fri, 24th June 2016 - 17:39 After an extremely tight European referendum campaign, Britain's decision to leave Europe came as a major shock. Sterling crashed, the Prime Minister resigned and investors dumped risk assets. In typical fashion, the unease sent investors rushing for safe-havens like gold and miners to the top of the FTSE 350. A plunge in the pound to its lowest level since 1985 and a quick-fire 550-point dive in the FTSE 100 also had investors hunting international earnings exposure, which included pharmaceutical groups NMC Health (NMC) and Mediclinic International (MDC). ARM Holdings (ARM), which makes the chips for iPhones, was also in demand. Miners were the other winners - and not just gold diggers! "Mining, by its nature, is extremely international in terms of operational location and the markets for its products. Therefore, unless Brexit translates into a more general economic malaise, the sector is likely to be relatively insulated from any near-term impacts," reckons finnCap analyst Martin Potts. "Dollar revenues and to a large extent costs and earnings are normal for the sector." In addition to US Treasuries & gilts and the Japanese yen, the surge in demand for gold left London bullion dealers short of retail-sized gold bars for immediate sale. As the markets recovered some of their losses during the day, gold eased off its intra-day high. This trend was matched by gold miners Randgold Resources (RRS), Acacia (ACA), Fresnillo (FRES) and Centamin (CEY). Up 19% this week alone, Acacia Mining led the FTSE 350, followed by Evraz (EVR) and Fresnillo, which jumped 14% and 13% respectively. Randgold also made the top eight performers, with growth of 11%. "[Gold] is seen as a safe haven and its liquidity means that it is straightforward to trade in large volumes," says Potts. "The new gold price appears to be well reflected in the price performance of the larger gold miners such as Randgold." This isn't the first time the gold miners have bucked wider market trends this year, with investors flocking to "safe-haven" equities during market volatility sparked by China's economic health and during turbulent times ahead of the referendum. Last month, Randgold reported a production miss in its opening quarter, although lower depreciation and taxes brought its earnings in line with expectations. Hard work strengthening its balance sheet has paid off too, with $253.8 million in the bank at the end of the three months. Although Numis analyst Jonathan Guy maintained his 'hold' recommendation, he increased its target price to £65. After this week's surge to £73.70 this represents 11% downside. Acacia Mining reported its first quarter results back in April, when it showed improvements to both its production and cost-cutting. Unfortunately, an additional $70 million tax provision pulled losses down to $52 million for the period. At the time, Panmure Gordon had a 320p target price on the stock, 20% below its current 400p level. This may have changed since. As you can see from the chart above, this week's gains have taken Acacia's share price to the top of its upward trading channel, attempting its third breakout in as many months. As nerves eased during Friday and panic buying weakened, the share price tracked back to the middle of its established channel. It looks like more will be needed to trigger a sustainable breakout here.
10/11/2003
08:08
jrsize: Dear Crystalclear, With Americanmoni not changing his mental vuewpoint with the ACA changes and not quoting ACA references we would always be poles apart and I will be closer to reality from just simple points like that even if he was correct and there are no reserves on the ACA licence, which there are, then any one would know that any respectable oil company would or will not be putting tens of millions of money into the AKKUL OIL/GAS field. He is just not educated in the oil/gas business to know that in any Total Petroleum system with proven commercial wells that a respectable size anticline will have commercial hydrocarbons in it. I think you miss the point on my postings. The main point is that I ytilise goof sources and byild up what I think is a good picture,like below a set of good calculations in this case from you which I divided by 20 and used them in conjunction with Dr. Chris John's approach (which I then modified) as a range of ACA share values that are dependent on the real reserves in the ACA licences in this case as I think the New Partner has seen them and is willing to value them. I use Petes and Steves information and we all know I refer on a regular basis to the most important information that ACA has published on page 2 of the ACA 2001 Report. Of course when Americanmoni says there are no reserves on the ACA licences without any real references we all know his so called coice of reality is non existant. When I cover the most probable ACA share prices depending on the results of the Deal and G-6 etc. ACA share prices from 1P to 8P I am not being extreme in any direction. here is an example of my ACA share range not really extreme in any direction and we would never expect to see the VOICE OF REASON even thinking of publishing in thios direction. "Thanks to Crystalclears 50% BOE estimates and how they could relate to the ACA sharen price over a range of 50% Petroleum BOE's I have calculated all of the worse case scenarios ,as I see them, by dividing Crystalclears figures by 20 and converting them to British Currancy and rounding these figures up for 1 Billion BOE to 8P per ACA share. My worse case ACA share prices for a number of 50% BOE volumes on the current ACA licences are as follows; 2 Billion BOE at 50% looks to put the ACA share price at 16P or higher. 1 Billion BOE at 50% looks to put the ACA share price at 8P or higher. 1/2 Billion BOE at 50% looks to put the ACA share price at 4P or higher. 1/4 Billion BOE at 50% looks to put the ACA share price at 2P or higher. 1/8 Billion BOE at 50% looks to put the ACA share price at 1P or higher. 1/16 Billion BOE at 50% looks to put the ACA share price at .5P or higher. John Size" John Size
09/11/2003
14:45
jrsize: Dear Pete, I was wondering the same thing about cdrnet figures but here goes another thought to add to what is still a difficult financial share picture in terms of what the minimal ACA share price is now that the Partnership deal is done. 1 Billion BOE at 50% looks to put the ACA share price at 8P or higher. 8P divided by 12 possible oil/gas fields shows a ACA share price of .66P per field or higher. 1/2 Billion BOE at 50% looks to put the ACA share price at 4P or higher. 4P divided by 12 possible oil/gas fields shows a ACA share price of .33P per field or higher. 1/4 Billion BOE at 50% looks to put the ACA share price at 2P or higher. 2P divided by 12 possible oil/gas fields shows a ACA share price of .17P per field or higher. ETC. The possible number of fields is Referenced from page 2 in the 2001 ACA report. In my opinion all of these possible fields do not need to be proven reserves before they can be valued in the current deal,for example a satellite sees a desert like ground, as long as a few holes are bored the rest of the desert is pretty well proven in my opinion and the same thing for a Total Petroleum System like 115002 where there are commercial condensate gas wells already in commercial production to the south showing lookalike characteristics etc and there are several local oil/gas fields that are proven. Not to repeat myself since I think you have already said this but like cda my first instinct is that with so much value in the ACA licences we will be made to sell before these and probably additional licences will be developed ,but it will be exciting for me ,after 3.5 years of mainly defense of the ACA commercial licenced hydrocarbon reservoirs, to see what our financial share is especially since when I started investing at 9.75P the ACA licences assets where approx. less then 10% of what they are now and the current share price is virtually 0 until our letters from ACA arrive. John Size
09/11/2003
12:12
jrsize: Dear Slickertom and Netcurtains, Funny just before I came to this BB I thought I had better post one of my posting on just this subject. Of course how much oil/gas has been proven or is probable and possible is the foundation in my opinion of to what type of deal the New Partner has been willing to make but according to mainly Pete G-6 and to Steve G-5 and many other sources of data the terms of the deal has turned all of the ACA share prices on their heads. Below some time ago is a schedule of my worst ACA share price scenario's "Dear ACA Investors, I have no idea if the ACA ADVFN is working now but here goes. Thanks to Crystalclears 50% BOE estimates and how they could relate to the ACA share price over a range of 50% Petroleum BOE's I have calculated all of the worse case scenarios ,as I see them, by dividing Crystalclears figures by 20 and converting them to British Currancy and rounding these figures up for 1 Billion BOE to 8P per ACA share. My worse case ACA share prices for a number of 50% BOE volumes on the current ACA licences are as follows; 2 Billion BOE at 50% looks to put the ACA share price at 16P or higher. 1 Billion BOE at 50% looks to put the ACA share price at 8P or higher. 1/2 Billion BOE at 50% looks to put the ACA share price at 4P or higher. 1/4 Billion BOE at 50% looks to put the ACA share price at 2P or higher. 1/8 Billion BOE at 50% looks to put the ACA share price at 1P or higher. 1/16 Billion BOE at 50% looks to put the ACA share price at .5P or higher. John Size" John Size PS The Crystalclear figures are not the ones he recently has posted. You can see that when Americanmoni and Crystalclear are now questioning 5P per ACA share for 1 Billion BOE,like Dr. Chris John's estimated in his Sept. 7 1998 Report to ACA which I think is pretty close to correct in the main except for his strata depth error, that my estimates are up on Americanmoni's and Crystalclears. Of course the ACA share prices listed above are based on a mixture of proven,probably and possible Hydrocarbon reserves and these figures are handled most likely by a third party oil/gas service company before being included in the official New Partnershop Deal ,which ever type of deal it is,which we should find out this week. I like cda's favourite guess if I have remembered it correctly as being, an ACA share buy out due to the G-6 extension and maybe even the G-5 extension. I hope I remembered your most favourite ACA New Partnership deal guess correctly cda,please correct me if I have made a hash of it..
06/10/2003
06:12
jrsize: Dear Crystalclear, Thank you again for your calculations which I have now transformed into worse case scenarios of ACA share prices per 50% probabilities of different values of BOE (Barrels Of Oil or Oil Equivalent). Here are all of the worse case scenarios ,as I see them, which by dividing your figures by 20 and converting them to British Currancy and rounding the the resulting 7.5P share figure for 1 Billion BOE at 50% propability (1 billion in this case represents 1,000 million Barrels) figures up for 1 Billion BOE to 8P per ACA share. My worse case ACA share prices for a number of 50% BOE volumes on the current ACA licences are as follows (1 billion in this case represents 1,000 million Barrels; 2 Billion BOE at 50% looks to put the ACA share price at 16P or higher. 1 Billion BOE at 50% looks to put the ACA share price at 8P or higher. 1/2 Billion BOE at 50% looks to put the ACA share price at 4P or higher. 1/4 Billion BOE at 50% looks to put the ACA share price at 2P or higher. 1/8 Billion BOE at 50% looks to put the ACA share price at 1P or higher. 1/16 Billion BOE at 50% looks to put the ACA share price at .5P or higher. John Size
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