Western Areas Given Sector Perform Rating at RBC Capital (WSA)

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Western Areas (ASX:WSA)‘s stock had its “sector perform” rating restated by stock analysts at RBC Capital in a report issued on Friday, Analyst RN reports. They currently have a $4.00 price objective on the stock.

Western Areas (ASX:WSA) opened at 4.140 on Friday. Western Areas has a 52-week low of A$1.940 and a 52-week high of A$4.550. The stock has a 50-day moving average of A$3.92 and a 200-day moving average of A$3.01. The company’s market cap is A$823.9 million.

Western Areas Limited, formerly Western Areas NL, is an Australia-based nickel mining company. It is engaged in mining, processing and sale of nickel sulphide concentrate, the continued feasibility and development of the high grade nickel mines and the exploration for nickel sulphides, and platinum group metals.

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