Adriatic Metals PLC (LON:ADT1 - Get Free Report) shares rose 3.9% during trading on Wednesday . The company traded as high as GBX 228 ($3.05) and last traded at GBX 226.50 ($3.03). Approximately 1,172,117 shares changed hands during mid-day trading, an increase of 505% from the average daily volume of 193,847 shares. The stock had previously closed at GBX 218 ($2.92).
Analysts Set New Price Targets
Separately, Berenberg Bank restated a "hold" rating and issued a GBX 180 ($2.41) price objective on shares of Adriatic Metals in a research report on Tuesday, February 18th.
Read Our Latest Analysis on ADT1
Adriatic Metals Stock Performance
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 stock's 50-day moving average is GBX 200.52 and its 200 day moving average is GBX 204.90. The firm has a market cap of £924.09 million, a P/E ratio of -17.05 and a beta of 1.12.
Adriatic Metals Company Profile
(
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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