Adriatic Metals (LON:ADT1 - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Berenberg Bank in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. They currently have a GBX 220 ($2.74) price target on the stock. Berenberg Bank's target price would indicate a potential upside of 8.91% from the stock's current price.
Adriatic Metals Stock Performance
LON:ADT1 traded down GBX 8.50 ($0.11) during trading hours on Wednesday, hitting GBX 202 ($2.51). 639,770 shares of the company were exchanged, compared to its average volume of 137,475. 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 company's 50 day moving average price is GBX 203.67 and its 200-day moving average price is GBX 186.44. The stock has a market capitalization of £655.45 million, a price-to-earnings ratio of -1,836.36 and a beta of 1.12. Adriatic Metals has a 52-week low of GBX 124.20 ($1.55) and a 52-week high of GBX 253.50 ($3.15).
Adriatic Metals Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
