Adriatic Metals PLC (LON:ADT1 - Get Free Report) shot up 22.6% on Wednesday . The stock traded as high as GBX 237.50 ($3.21) and last traded at GBX 218 ($2.95). 1,454,718 shares changed hands during mid-day trading, an increase of 692% from the average session volume of 183,654 shares. The stock had previously closed at GBX 177.80 ($2.41).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "hold" rating and issued a GBX 180 ($2.44) price objective on shares of Adriatic Metals in a research note on Tuesday, February 18th.
View Our Latest Stock Report 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 price is GBX 201.37 and its 200 day moving average price is GBX 205.41. The company has a market capitalization of £977.25 million, a P/E ratio of -18.03 and a beta of 1.12.
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.
Further Reading
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