Adriatic Metals (LON:ADT1) Stock Price Up 0.2% - Time to Buy?

Adriatic Metals PLC (LON:ADT1 - Get Free Report) shares traded up 0.2% during mid-day trading on Monday . The company traded as high as GBX 179.40 ($2.40) and last traded at GBX 177.80 ($2.37). 194,470 shares changed hands during mid-day trading, an increase of 14% from the average session volume of 170,274 shares. The stock had previously closed at GBX 177.40 ($2.37).

Analyst Ratings Changes

Separately, Berenberg Bank restated 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.

Adriatic Metals Price Performance

The company's 50 day moving average price is GBX 200.48 and its 200 day moving average price is GBX 204.89. The company has a debt-to-equity ratio of 46.97, a quick ratio of 23.92 and a current ratio of 10.29. The company has a market cap of £727.01 million, a price-to-earnings ratio of -13.41 and a beta of 1.12.

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.

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