Adriatic Metals PLC (LON:ADT1 - Get Free Report)'s share price traded down 1.2% on Friday . The company traded as low as GBX 201 ($2.68) and last traded at GBX 201 ($2.68). 110,187 shares traded hands during trading, a decline of 38% from the average session volume of 178,265 shares. The stock had previously closed at GBX 203.50 ($2.71).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "hold" rating and set a GBX 180 ($2.40) target price on shares of Adriatic Metals in a research report on Tuesday, February 18th.
Read Our Latest Report on ADT1
Adriatic Metals Price Performance
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's 50 day moving average price is GBX 206.58 and its two-hundred day moving average price is GBX 206.97. The firm has a market capitalization of £810.42 million, a price-to-earnings ratio of -14.95 and a beta of 1.12.
Insider Buying and Selling at Adriatic Metals
In other Adriatic Metals news, insider Michael Ian Rawlinson bought 9,850 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were bought at an average price of GBX 202 ($2.69) per share, for a total transaction of £19,897 ($26,511.66). Company 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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