Adriatic Metals (LON:ADT1) Given Outperform Rating at Royal Bank of Canada

Royal Bank of Canada reissued their outperform rating on shares of Adriatic Metals (LON:ADT1Get Rating) in a research report sent to investors on Wednesday, Marketbeat Ratings reports. They currently have a GBX 280 ($3.64) target price on the stock.

Shares of ADT1 stock opened at GBX 142.39 ($1.85) on Wednesday. The stock has a market cap of £379.30 million and a price-to-earnings ratio of -30.95. The company has a quick ratio of 20.20, a current ratio of 20.41 and a debt-to-equity ratio of 10.96. Adriatic Metals has a fifty-two week low of GBX 109 ($1.42) and a fifty-two week high of GBX 178.50 ($2.32). The firm’s 50 day moving average price is GBX 131.80 and its two-hundred day moving average price is GBX 138.94.

About Adriatic Metals (Get Rating)

Adriatic Metals PLC, through its subsidiaries, engages in the mineral exploration and development business in Bosnia and Herzegovina. The company explores for zinc, lead, barite, gold, silver, and copper deposits. Its flagship project is the Vares Silver Project located in the Federation of Bosnia and Herzegovina.

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