Adriatic Metals (LON:ADT1 - Free Report) had its price target cut by Berenberg Bank from GBX 230 ($2.90) to GBX 220 ($2.78) in a research report report published on Thursday, MarketBeat Ratings reports. They currently have a buy rating on the stock.
Adriatic Metals Stock Performance
Shares of ADT1 traded down GBX 2 ($0.03) during trading hours on Thursday, hitting GBX 206 ($2.60). The company's stock had a trading volume of 71,432 shares, compared to its average volume of 151,940. Adriatic Metals has a 52-week low of GBX 124.20 ($1.57) and a 52-week high of GBX 253.50 ($3.20). The company has a market cap of £668.43 million, a price-to-earnings ratio of -1,872.73 and a beta of 1.12. The company has a debt-to-equity ratio of 111.51, a current ratio of 1.01 and a quick ratio of 23.92. The business has a 50 day simple moving average of GBX 206.83 and a two-hundred day simple moving average of GBX 187.63.
Insider Activity at Adriatic Metals
In related news, insider Michael Ian Rawlinson acquired 5,000 shares of the firm's stock in a transaction on Wednesday, October 30th. The shares were acquired at an average cost of GBX 217 ($2.74) per share, with a total value of £10,850 ($13,694.31). 7.38% of the stock is currently owned by insiders.
About Adriatic Metals
(
Get Free Report)
Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.
See Also
Before you consider Adriatic Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adriatic Metals wasn't on the list.
While Adriatic Metals currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
