Shares of Adriatic Metals PLC (LON:ADT1 - Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 273 ($3.73) and last traded at GBX 272 ($3.71), with a volume of 261228 shares trading hands. The stock had previously closed at GBX 266 ($3.63).
Analysts Set New Price Targets
Separately, Berenberg Bank upped their price objective on Adriatic Metals from GBX 268 ($3.66) to GBX 277 ($3.78) and gave the stock a "hold" rating in a research note on Thursday.
Read Our Latest Report on ADT1
Adriatic Metals Trading Up 0.1%
The firm has a market capitalization of £1.11 billion, a P/E ratio of -20.54 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 firm has a 50-day moving average of GBX 230.69 and a two-hundred day moving average of GBX 214.77.
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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