Adriatic Metals (LON:ADT1) Sets New 12-Month High - What's Next?

Adriatic Metals PLC (LON:ADT1 - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 288.50 ($3.87) and last traded at GBX 281.50 ($3.78), with a volume of 259235 shares. The stock had previously closed at GBX 285 ($3.83).

Analyst Ratings Changes

Separately, Berenberg Bank lifted their price target on shares of Adriatic Metals from GBX 268 ($3.60) to GBX 277 ($3.72) and gave the stock a "hold" rating in a report on Thursday, July 3rd.

Adriatic Metals Stock Up 3.3%

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 company has a market cap of £1.16 billion, a price-to-earnings ratio of -21.46 and a beta of 1.12. The stock's fifty day moving average is GBX 250.31 and its two-hundred day moving average is GBX 221.18.

About Adriatic Metals

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.