Adriatic Metals (LON:ADT1) Hits New 1-Year High at $240.00

Shares of Adriatic Metals PLC (LON:ADT1) hit a new 52-week high on Tuesday . The company traded as high as GBX 240 ($3.02) and last traded at GBX 239.50 ($3.01), with a volume of 128771 shares traded. The stock had previously closed at GBX 234.50 ($2.95).

Analyst Ratings Changes

Separately, Berenberg Bank boosted their price objective on Adriatic Metals from GBX 240 ($3.02) to GBX 250 ($3.14) and gave the stock a “buy” rating in a research report on Tuesday, March 26th.

Adriatic Metals Price Performance

The firm has a market cap of £719.62 million, a P/E ratio of -1,675.00 and a beta of 1.21. The company has a current ratio of 4.77, a quick ratio of 23.92 and a debt-to-equity ratio of 148.04. The business has a 50-day moving average of GBX 200.50 and a two-hundred day moving average of GBX 184.58.

About Adriatic Metals

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.