Adriatic Metals PLC (LON:ADT1 - Get Free Report) rose 3.6% during mid-day trading on Wednesday . The company traded as high as GBX 228 ($3.05) and last traded at GBX 225.90 ($3.03). Approximately 1,187,655 shares changed hands during mid-day trading, an increase of 512% from the average daily volume of 194,007 shares. The stock had previously closed at GBX 218 ($2.92).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a "hold" rating and issued a GBX 180 ($2.41) price objective on shares of Adriatic Metals in a research note on Tuesday, February 18th.
Get Our Latest Stock Report on Adriatic Metals
Adriatic Metals Price Performance
The company has a market capitalization of £926.14 million, a price-to-earnings ratio of -17.08 and a beta of 1.12. The company has a fifty day simple moving average of GBX 200.52 and a two-hundred day simple moving average of GBX 204.90. The company has a debt-to-equity ratio of 46.97, a quick ratio of 23.92 and a current ratio of 10.29.
About Adriatic Metals
(
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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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