Adriatic Metals (LON:ADT1 – Get Free Report) had its price target raised by equities researchers at Berenberg Bank from GBX 240 ($3.03) to GBX 250 ($3.16) in a report released on Tuesday, MarketBeat reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 28.07% from the stock’s previous close.
Adriatic Metals Stock Down 0.5 %
ADT1 opened at GBX 195.20 ($2.47) on Tuesday. The company has a debt-to-equity ratio of 148.04, a quick ratio of 23.92 and a current ratio of 4.77. The stock has a market cap of £597.74 million, a price-to-earnings ratio of -1,394.29 and a beta of 1.21. The firm’s fifty day moving average is GBX 177.60 and its 200 day moving average is GBX 178.20. Adriatic Metals has a fifty-two week low of GBX 146 ($1.85) and a fifty-two week high of GBX 214 ($2.70).
About Adriatic Metals
Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It explores for silver, zinc, lead, copper, gold, and barite deposits. The company’s flagship project is the Vares Silver Project located in the Bosnia and Herzegovina. It also operates Raska Project located in Serbia.
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