Shares of Adriatic Metals PLC (LON:ADT1 - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 280 ($3.80) and last traded at GBX 280 ($3.80), with a volume of 76121 shares changing hands. The stock had previously closed at GBX 275.50 ($3.74).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank boosted their price objective on shares of Adriatic Metals from GBX 268 ($3.64) to GBX 277 ($3.76) and gave the stock a "hold" rating in a research report on Thursday, July 3rd.
View Our Latest Stock Analysis on ADT1
Adriatic Metals Price Performance
The company has a market capitalization of £1.12 billion, a price-to-earnings ratio of -20.67 and a beta of 1.12. The company has a current ratio of 10.29, a quick ratio of 23.92 and a debt-to-equity ratio of 46.97. The company's 50 day simple moving average is GBX 238.10 and its 200-day simple moving average is GBX 217.11.
About Adriatic Metals
(
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.
Further Reading
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