Adriatic Metals (LON:ADT1) Shares Up 0.2% - Should You Buy?

Adriatic Metals PLC (LON:ADT1 - Get Free Report) shares were up 0.2% on Monday . The company traded as high as GBX 179.40 ($2.43) and last traded at GBX 177.80 ($2.41). Approximately 194,470 shares changed hands during trading, an increase of 14% from the average daily volume of 170,274 shares. The stock had previously closed at GBX 177.40 ($2.40).

Analyst Ratings Changes

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

Adriatic Metals Price Performance

The firm has a market capitalization of £977.25 million, a price-to-earnings ratio of -18.03 and a beta of 1.12. The company's 50 day moving average is GBX 201.37 and its 200-day moving average is GBX 205.41. The company has a current ratio of 10.29, a quick ratio of 23.92 and a debt-to-equity ratio of 46.97.

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.