Adriatic Metals PLC (LON:ADT1 - Get Free Report) rose 3.9% on Wednesday . The company traded as high as GBX 228 ($3.09) and last traded at GBX 226.50 ($3.06). Approximately 1,156,245 shares were traded during mid-day trading, an increase of 497% from the average daily volume of 193,683 shares. The stock had previously closed at GBX 218 ($2.95).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "hold" rating and set a GBX 180 ($2.44) target price on shares of Adriatic Metals in a research note on Tuesday, February 18th.
View Our Latest Report on ADT1
Adriatic Metals Stock Performance
The firm's 50-day moving average price is GBX 201.37 and its 200-day moving average price is GBX 205.41. The company has a debt-to-equity ratio of 46.97, a current ratio of 10.29 and a quick ratio of 23.92. The stock has a market cap of £977.25 million, a P/E ratio of -18.03 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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