Adriatic Metals (LON:ADT1) Trading Up 0.7%

Adriatic Metals PLC (LON:ADT1) shares traded up 0.7% during trading on Tuesday . The company traded as high as GBX 196.80 ($2.52) and last traded at GBX 195 ($2.50). 127,178 shares were traded during trading, an increase of 13% from the average session volume of 112,234 shares. The stock had previously closed at GBX 193.60 ($2.48).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “hold” rating and set a GBX 260 ($3.33) target price on shares of Adriatic Metals in a report on Tuesday, May 28th.

Adriatic Metals Trading Down 0.7 %

The business has a fifty day moving average of GBX 216.23 and a 200-day moving average of GBX 199.73. The stock has a market capitalization of £606.32 million, a price-to-earnings ratio of -2,475.00 and a beta of 1.18. The company has a debt-to-equity ratio of 134.59, a current ratio of 0.78 and a quick ratio of 23.92.

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.