Adriatic Metals (ADT1) Share Price, News & Analysis

Company Overview

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. Adriatic is the only publicly listed mining company exploring in Bosnia and Herzegovina and is leveraging its first-mover advantage. The Company is well-funded and concurrent with advancing the construction of the Vares Silver Project, continues to explore across its large, highly prospective 41km2 concession package. Adriatic Metals completed the acquisition TSX-listed Tethyan Resource Corp. in Q4 2020, which contained the Raska Zinc-Silver Project in southern Serbia. The Company is exploring across its 99km2 highly prospective concession area, which includes around the formerly operating Kizevak and Sastavci polymetallic mines. The Vares project's captivating economics and impressive resource inventory have attracted Adriatic's highly experienced team, which is expediting exploration efforts to expand the current JORC resource. Results of a recent pre-feasibility study announced on 15 October 2020 indicate a post-tax NPV8 of US$1,040 million and IRR of 113%. Leveraging its first-mover advantage, Adriatic is rapidly advancing the project into the development phase and through to production with significant cornerstone investment of US$28 million from Queen's Road Capital Investment and European Bank for Reconstruction and Development. There have been no material changes to the assumptions underpinning the forecast financial information derived from the production target in the 15 October 2020 announcement and these assumptions continue to apply. There have been no material changes to the assumptions and technical parameters on the updated Mineral Resource Estimate announced on 1 September 2020 and these assumptions continue to apply. Adriatic Metals acquired TSX-listed Tethyan Resource Corp in 2020, to advance the former Kizevak and Sastavci polymetallic mines in the Raska District, southern Serbia.

Key Stats

• Today's Range: 294.50 to 299
• 50-Day Range: 229.50 to 297
• 52-Week Range: 130.91 to 299
• Volume: 75,106 shs
• Average Volume: 249,669 shs
• Market Capitalization: £1.21 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: GBX 277
• Consensus Rating: Hold

Adriatic Metals Stock Analysis - MarketRank™

Adriatic Metals scored higher than 1% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Adriatic Metals has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Adriatic Metals has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Adriatic Metals is -22.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Adriatic Metals is -22.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Adriatic Metals has a P/B Ratio of 7.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ADT1.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Adriatic Metals does not currently pay a dividend.

Dividend Growth

Adriatic Metals does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ADT1.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: N/A

News Sentiment

Adriatic Metals has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Adriatic Metals this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Adriatic Metals insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.38% of the stock of Adriatic Metals is held by insiders.

Percentage Held by Institutions

Only 31.24% of the stock of Adriatic Metals is held by institutions.

ADT1 Stock Analysis - Frequently Asked Questions

How have ADT1 shares performed this year?

Adriatic Metals' stock was trading at GBX 190.40 at the start of the year. Since then, ADT1 stock has increased by 56.0% and is now trading at GBX 297.

How do I buy shares of Adriatic Metals?

Shares of ADT1 stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Adriatic Metals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Adriatic Metals investors own include Watsco (WSO), WH Group (WHGLY), Centrus Energy (LEU), Gold Standard Ventures (GSV), Bunker Hill Mining (BNKR), Ardea Resources (ARL) and First Majestic Silver (AG).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: LON:ADT1
• CIK: N/A
• Web: www.adriaticmetals.com
• Phone: 44 2079 930 066
• Fax: N/A
• Employees: 296
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Adriatic Metals: GBX 277
• High Price Target: GBX 277
• Low Price Target: GBX 277
• Potential Upside/Downside: -6.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX (13.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.35
• P/E Growth: N/A
• Net Income: -£68.31 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -36.22%
• Return on Assets: -6.80%

Debt

• Debt-to-Equity Ratio: 46.97
• Current Ratio: 10.29
• Quick Ratio: 23.92

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: GBX 58.17 per share
• Price / Cash Flow: 5.11
• Book Value: GBX 38.24 per share
• Price / Book: 7.77

Miscellaneous

• Outstanding Shares: 408,890,032
• Free Float: N/A
• Market Cap: £1.21 billion
• Optionable: Not Optionable
• Beta: 1.12