Adriatic Metals PLC (LON:ADT1 - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 297 ($3.97) and last traded at GBX 294.05 ($3.93), with a volume of 170576 shares. The stock had previously closed at GBX 293 ($3.91).
Wall Street Analyst Weigh In
Separately, Berenberg Bank boosted their price objective on Adriatic Metals from GBX 268 ($3.58) to GBX 277 ($3.70) and gave the stock a "hold" rating in a report on Thursday, July 3rd.
Read Our Latest Analysis on Adriatic Metals
Adriatic Metals Stock Performance
The stock has a market capitalization of £1.20 billion, a price-to-earnings ratio of -22.18 and a beta of 1.12. 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 stock has a fifty day simple moving average of GBX 269.94 and a two-hundred day simple moving average of GBX 229.19.
Adriatic Metals Company Profile
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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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