Shares of Adriatic Metals PLC (LON:ADT1 - Get Free Report) were up 22.6% on Wednesday . The company traded as high as GBX 237.50 ($3.18) and last traded at GBX 218 ($2.92). Approximately 1,454,718 shares changed hands during mid-day trading, an increase of 692% from the average daily volume of 183,654 shares. The stock had previously closed at GBX 177.80 ($2.38).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank restated a "hold" rating and issued a GBX 180 ($2.41) price objective on shares of Adriatic Metals in a report on Tuesday, February 18th.
Get Our Latest Stock Report on ADT1
Adriatic Metals Stock Up 3.9%
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 stock has a market cap of £926.14 million, a price-to-earnings ratio of -17.08 and a beta of 1.12. The business's fifty day moving average is GBX 200.52 and its two-hundred day moving average is GBX 204.90.
About Adriatic Metals
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Adriatic Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adriatic Metals wasn't on the list.
While Adriatic Metals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
