BUA Cement PLC traded at 268.00 this Wednesday October 7th, decreasing 29.00 or 9.76 percent since the previous trading session. Looking back, over the last four weeks, BUA Cement lost 13.27 percent. Over the last 12 months, its price rose by 67.50 percent. Looking ahead, we forecast BUA Cement PLC to be priced at 289.84 by the end of this quarter and at 269.39 in one year, according to Trading Economics global macro models projections and analysts expectations.
BUA Cement Plc is a Nigeria-based company, which is a cement producer. The Company is engaged in manufacturing and sales of cement to the general public. These activities are conducted primarily in Nigeria. The Company is focused on the production and marketing of cement under the brand name BUA Cement. The Company produces the CEM II type of cement in accordance with the Nigerian Industrial Standards. Its facilities include BUA Cement Plant, Edo, and BUA Cement Plant, Sokoto. BUA Cement (Sokoto) is primarily engaged in the business of quarrying, extracting, processing, and dealing in limestone, as well as the manufacture and supply of cement. The cement plant is in Sokoto state, Nigeria. Its depots are in Lagos, Abuja, Ilorin, Ibadan and Sagamu. It operates the cement industry in Northwest, Southeast and South Nigeria with a production capacity of approximately 11 million metric tons per annum and plants in Sokoto and Edo State, Nigeria.