Hartleys BUY rating target 35c

Atlas Iron Limited (ASX:AGO)‘s stock had its “buy” rating reissued by stock analysts at Hartley’s Research in a report issued on Thursday.
Separately, analysts at RBC Capital reiterated a “market perform” rating and set a $0.35 price target on shares of Atlas Iron Limited in a research note on Tuesday, January 27th.
Atlas Iron Limited (ASX:AGO) remained flat at A$0.185 during trading on Thursday. The stock had a trading volume of 9,704,534 shares. Atlas Iron Limited has a 52 week low of A$0.130 and a 52 week high of A$1.190. The stock has a 50-day moving average of A$0.18 and a 200-day moving average of A$0.35. The company has a market cap of A$169.4 million and a P/E ratio of 9.74.
Atlas Iron Limited is engaged in the exploration, development and mining and sale of iron ore. The principal activity the Company is the operation of the Pardoo, Wodgina and Mt Dove iron ore mines and the development of the mines at Abydos and Mt Webber in the Pilbara region in Western Australia. In addition to its Pardoo, Wodgina and Mt Dove DSO operating mines, the Company is commissioning the Abydos DSO mine and the Utah Point interim solution and actively developing the Mt Webber DSO mine.

Atlas Iron Limited Earns Buy Rating from Hartley’s Research (AGO)