Maestrano Group (LON:MNO) Receives Speculative Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their speculative buy rating on shares of Maestrano Group (LON:MNO) in a research note published on Friday,London Stock Exchange reports. They currently have a GBX 120 price target on the stock.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 168 price objective on shares of Maestrano Group in a research report on Friday, June 19th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 144.

Maestrano Group Price Performance

The firm has a market capitalization of £375.79 million and a price-to-earnings ratio of -12.90. Maestrano Group has a 52 week low of GBX 73.80 and a 52 week high of GBX 117. The business has a 50-day simple moving average of GBX 95.02. The company has a debt-to-equity ratio of 3.57, a quick ratio of 3.98 and a current ratio of 5.74.

Maestrano Group Company Profile

Meridian Mining is a gold-copper development company focused on advancing high-quality mineral projects in Brazil. The Company’s objective is to build a scalable, mid-tier mining company through the development of its flagship Cabaçal Project and broader Cabaçal VMS belt in Mato Grosso.

With a strong foundation in exploration, resource development and project advancement, Meridian is positioning itself to transition from developer to producer, supported by robust project economics and a growing portfolio of assets.