Adriatic Metals (LON:ADT1) Trading Up 0.7% - Here's Why

Adriatic Metals PLC (LON:ADT1 - Get Free Report)'s share price shot up 0.7% on Monday . The stock traded as high as GBX 214 ($2.66) and last traded at GBX 213 ($2.65). 110,677 shares traded hands during trading, a decline of 3% from the average session volume of 114,335 shares. The stock had previously closed at GBX 211.50 ($2.63).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 220 ($2.73) target price on shares of Adriatic Metals in a research note on Wednesday.

Adriatic Metals Trading Up 3.2 %

The company has a quick ratio of 23.92, a current ratio of 1.01 and a debt-to-equity ratio of 111.51. The stock has a market capitalization of £676.54 million, a P/E ratio of -1,895.45 and a beta of 1.12. The company has a fifty day simple moving average of GBX 203.33 and a two-hundred day simple moving average of GBX 186.59.

Adriatic Metals Company Profile

Adriatic Metals PLC (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) is a precious and base metals developer that is advancing the world-class Vares Silver Project in Bosnia & Herzegovina, as well as the Raska Zinc-Silver Project in Serbia. The Vares Project 2021 Definitive Feasibility Study boasts robust economics of US$1,062 million post-tax NPV8, 134% post-tax IRR and a capex of US$168 million.