Adriatic Metals PLC (LON:ADT1 - Get Free Report) rose 4% on Wednesday . The company traded as high as GBX 228 ($3.09) and last traded at GBX 226.75 ($3.07). Approximately 1,056,285 shares were traded during trading, an increase of 448% from the average daily volume of 192,652 shares. The stock had previously closed at GBX 218 ($2.95).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a "hold" rating and issued a GBX 180 ($2.44) price target on shares of Adriatic Metals in a research note on Tuesday, February 18th.
View Our Latest Research Report on Adriatic Metals
Adriatic Metals Trading Up 2.4%
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 capitalization of £977.25 million, a P/E ratio of -18.03 and a beta of 1.12. The firm's 50 day simple moving average is GBX 201.37 and its two-hundred day simple moving average is GBX 205.45.
Adriatic Metals Company Profile
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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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