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Tharisa (LON:THS) Stock Price Up 6.3% - Still a Buy?

Tharisa logo with Basic Materials background

Tharisa plc (LON:THS - Get Free Report)'s share price shot up 6.3% on Thursday . The stock traded as high as GBX 85 ($1.17) and last traded at GBX 85 ($1.17). 935,871 shares traded hands during trading, an increase of 323% from the average session volume of 221,362 shares. The stock had previously closed at GBX 80 ($1.10).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 130 ($1.78) price objective on shares of Tharisa in a research report on Thursday, April 10th.

Check Out Our Latest Research Report on Tharisa

Tharisa Price Performance

The firm has a market capitalization of £303.84 million, a P/E ratio of 3.84 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 firm has a 50-day moving average of GBX 67.27 and a 200-day moving average of GBX 62.74.

About Tharisa

(Get Free Report)

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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