Adriatic Metals (LON:ADT1) Stock Price Up 2.1% - What's Next?

Adriatic Metals PLC (LON:ADT1 - Get Free Report) traded up 2.1% during trading on Wednesday . The company traded as high as GBX 228 ($3.05) and last traded at GBX 222.50 ($2.98). 1,250,487 shares were traded during trading, an increase of 542% from the average session volume of 194,655 shares. The stock had previously closed at GBX 218 ($2.92).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a "hold" rating and set a GBX 180 ($2.41) price target on shares of Adriatic Metals in a report on Tuesday, February 18th.

Adriatic Metals Stock Up 2.5%

The company has a market capitalization of £913.87 million, a PE ratio of -16.86 and a beta of 1.12. The company has a quick ratio of 23.92, a current ratio of 10.29 and a debt-to-equity ratio of 46.97. The company's 50 day moving average is GBX 200.52 and its two-hundred day moving average is GBX 204.90.

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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