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

Berenberg Bank reiterated their buy rating on shares of Griffin Mining (LON:GFM) in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports. They currently have a GBX 140 ($1.73) target price on the stock.

Griffin Mining Price Performance

Shares of LON GFM opened at GBX 144 ($1.78) on Wednesday. The firm has a market cap of £265.72 million, a PE ratio of 3,525.00 and a beta of 0.89. The firm has a fifty day moving average of GBX 112.18 and a 200 day moving average of GBX 97.23. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 1.60. Griffin Mining has a one year low of GBX 75 ($0.93) and a one year high of GBX 144 ($1.78).

Griffin Mining Company Profile

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for gold, zinc, 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.