Mincon Group plc (LON:MCON – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 40.40 ($0.50) and last traded at GBX 44 ($0.54), with a volume of 8238 shares. The stock had previously closed at GBX 44 ($0.54).
Analysts Set New Price Targets
Separately, Shore Capital restated a “house stock” rating on shares of Mincon Group in a research report on Monday, March 11th.
Get Our Latest Stock Analysis on MCON
Mincon Group Stock Performance
Mincon Group Dividend Announcement
The company also recently declared a dividend, which will be paid on Friday, June 14th. Stockholders of record on Thursday, May 23rd will be given a €0.01 ($0.01) dividend. This represents a dividend yield of 1.66%. The ex-dividend date is Thursday, May 23rd. Mincon Group’s dividend payout ratio is currently 6,666.67%.
About Mincon Group
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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