Adriatic Metals (LON:ADT1) Hits New 52-Week High - Still a Buy?

Adriatic Metals PLC (LON:ADT1 - Get Free Report)'s stock price hit a new 52-week high on Thursday . The stock traded as high as GBX 253.50 ($3.44) and last traded at GBX 253 ($3.44), with a volume of 58928 shares. The stock had previously closed at GBX 246 ($3.34).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a "hold" rating and set a GBX 180 ($2.44) target price on shares of Adriatic Metals in a research report on Tuesday, February 18th.

Adriatic Metals Stock Up 3.7%

The company has a quick ratio of 23.92, a current ratio of 10.29 and a debt-to-equity ratio of 46.97. The company has a fifty day simple moving average of GBX 205.19 and a 200-day simple moving average of GBX 207.54. The firm has a market cap of £1.04 billion, a P/E ratio of -19.23 and a beta of 1.12.

Adriatic Metals Company Profile

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.