Shares in Adriatic Metals (LON:ADT1) fell 10.4%

Adriatic Metals PLC (LON:ADT1 – Get Free Report ) share price fell 10.4% during trading on Wednesday. The stock traded as high as GBX 133 ($1.70) and last traded at GBX 133 ($1.70). About 461,966 shares changed hands during trading, up 266% from the average daily volume of 126,353 shares. The stock had previously closed at GBX 148.40 ($1.90).

Analyst upgrades and downgrades

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 260 ($3.32) price objective on shares of Adriatic Metals in a report on Tuesday, May 28th.

Check out our latest Adriatic metals analysis

Adriatic metal stocks up 2.6%

The company’s 50-day moving average is GBX 187.38, and its 200-day moving average is GBX 195.86. The company has a quick ratio of 23.92, a current ratio of 0.78, and a debt-to-equity ratio of 134.59. The company has a market cap of £456.22 million, a P/E ratio of -1,737.50 and a beta of 1.14.

Adriatic Metals company profile

(Get a free report)

Adriatic Metals PLC, through its subsidiaries, is engaged in the exploration and development of precious and base metals. It primarily explores deposits of silver, zinc, lead, copper, gold and barite. 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.

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