Adriatic Metals PLC (LON:ADT1 - Get Free Report)'s stock price dropped 1.2% on Friday . The company traded as low as GBX 201 ($2.70) and last traded at GBX 201 ($2.70). Approximately 110,187 shares were traded during trading, a decline of 38% from the average daily volume of 178,265 shares. The stock had previously closed at GBX 203.50 ($2.73).
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "hold" rating and set a GBX 180 ($2.41) target price on shares of Adriatic Metals in a research report on Tuesday, February 18th.
View Our Latest Analysis on Adriatic Metals
Adriatic Metals Stock Performance
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 stock's 50 day moving average is GBX 206.89 and its 200 day moving average is GBX 207.02. The stock has a market capitalization of £816.96 million, a price-to-earnings ratio of -15.07 and a beta of 1.12.
Insider Transactions at Adriatic Metals
In related news, insider Michael Ian Rawlinson purchased 9,850 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of GBX 202 ($2.71) per share, for a total transaction of £19,897 ($26,685.89). Insiders own 7.38% of the company's stock.
About Adriatic Metals
(
Get Free Report)
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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