Griffin Mining (LON:GFM) Given “Buy” Rating at Berenberg Bank

Griffin Mining (LON:GFM – Get Rating)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They presently have a GBX 175 ($2.16) price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 85.77% from the stock’s current price.

Shares of GFM stock opened at GBX 94.20 ($1.16) on Monday. The company has a current ratio of 0.92, a quick ratio of 0.75 and a debt-to-equity ratio of 0.02. The company has a market cap of £163.86 million and a PE ratio of 9.61. The company has a 50-day moving average of GBX 108.02. Griffin Mining has a one year low of GBX 80 ($0.99) and a one year high of GBX 146.50 ($1.81).

About Griffin Mining (Get Rating)

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.

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