Tharisa plc (LON:THS - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 88 ($1.20) and last traded at GBX 86.50 ($1.18), with a volume of 681652 shares changing hands. The stock had previously closed at GBX 85 ($1.16).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 200 ($2.73) price target on shares of Tharisa in a research report on Wednesday.
Check Out Our Latest Stock Analysis on Tharisa
Tharisa Stock Performance
The stock has a market cap of £314.69 million, a price-to-earnings ratio of 3.98 and a beta of 0.90. The company has a debt-to-equity ratio of 14.70, a quick ratio of 1.80 and a current ratio of 1.84. The company has a 50 day moving average of GBX 69.70 and a 200-day moving average of GBX 63.28.
Tharisa Company Profile
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Tharisa Plc is an integrated resource group, dual listed in London and Johannesburg and produces platinum group metals and chrome concentrates from the Tharisa mine in South Africa. Uniquely positioned through its vertical structure incorporating processing, beneficiation, marketing, sales and logistics, Tharisa is a low cost producer, using technology and innovation to maximise stakeholder returns through exploitation of mineral resources in a responsible manner.
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