Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and base and precious metal deposits. Its principal property is the Caijiaying mine located in Hebei Province, the People's Republic of China. The company was formerly known as European Mining Finance Ltd. and changed its name to Griffin Mining Limited in January 1998. Griffin Mining Limited was founded in 1988 and is based in London, the United Kingdom.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank cut their price objective on Griffin Mining from GBX 175 ($2.14) to GBX 160 ($1.96) and set a "buy" rating for the company in a research report on Thursday, July 7th.
Griffin Mining Price Performance
Shares of LON:GFM remained flat at GBX 83.50 ($1.02) during trading hours on Friday. The company had a trading volume of 3,750 shares, compared to its average volume of 98,065. Griffin Mining has a fifty-two week low of GBX 0.93 ($0.01) and a fifty-two week high of GBX 121 ($1.48). The company has a debt-to-equity ratio of 0.37, a current ratio of 1.10 and a quick ratio of 0.94. The stock has a market cap of £145.25 million and a PE ratio of 759.09. The firm has a fifty day moving average of GBX 90.34 and a 200-day moving average of GBX 96.65.