Adriatic Metals (LON:ADT1) Sets New 12-Month High at $234.00

Shares of Adriatic Metals PLC (LON:ADT1) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 234 ($2.94) and last traded at GBX 233 ($2.93), with a volume of 307375 shares traded. The stock had previously closed at GBX 232 ($2.91).

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised their price target on shares of Adriatic Metals from GBX 240 ($3.01) to GBX 250 ($3.14) and gave the stock a “buy” rating in a report on Tuesday, March 26th.

Adriatic Metals Stock Performance

The company has a debt-to-equity ratio of 148.04, a current ratio of 4.77 and a quick ratio of 23.92. The firm has a market capitalization of £710.43 million, a price-to-earnings ratio of -1,657.14 and a beta of 1.21. The firm’s fifty day moving average is GBX 194.67 and its 200 day moving average is GBX 183.05.

Adriatic Metals Company Profile

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.