Adriatic Metals PLC (LON:ADT1) Insider Acquires £10,850 in Stock

Adriatic Metals PLC (LON:ADT1 - Get Free Report) insider Michael Ian Rawlinson purchased 5,000 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were acquired at an average cost of GBX 217 ($2.81) per share, for a total transaction of £10,850 ($14,070.81).

Michael Ian Rawlinson also recently made the following trade(s):

• On Thursday, August 8th, Michael Ian Rawlinson acquired 17,982 shares of Adriatic Metals stock. The shares were purchased at an average price of GBX 138 ($1.79) per share, for a total transaction of £24,815.16 ($32,181.51).

Adriatic Metals Trading Down 2.3 %

LON:ADT1 traded down GBX 5 ($0.06) during mid-day trading on Thursday, hitting GBX 212.50 ($2.76). 98,852 shares of the company's stock were exchanged, compared to its average volume of 163,473. The company has a 50 day simple moving average of GBX 180.63 and a 200-day simple moving average of GBX 192.66. The company has a current ratio of 1.01, a quick ratio of 23.92 and a debt-to-equity ratio of 111.51. Adriatic Metals PLC has a fifty-two week low of GBX 124.20 ($1.61) and a fifty-two week high of GBX 253.50 ($3.29). The firm has a market capitalization of £689.52 million, a P/E ratio of -1,931.82 and a beta of 1.12.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 230 ($2.98) price objective on shares of Adriatic Metals in a research note on Thursday, September 26th.

About Adriatic Metals

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.