Adriatic Metals PLC (LON:ADT1 - Get Free Report)'s stock price hit 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 trading hands. The stock had previously closed at GBX 275.50 ($3.74).
Analyst Ratings Changes
Separately, Berenberg Bank boosted their price objective on Adriatic Metals from GBX 268 ($3.64) to GBX 277 ($3.76) and gave the company a "hold" rating in a research note on Thursday, July 3rd.
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Adriatic Metals Trading Up 3.6%
The business has a 50 day moving average of GBX 239.62 and a two-hundred day moving average of GBX 217.65. The company has a debt-to-equity ratio of 46.97, a quick ratio of 23.92 and a current ratio of 10.29. The firm has a market capitalization of £1.16 billion, a price-to-earnings ratio of -21.42 and a beta of 1.12.
About Adriatic Metals
(
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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.
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