Berenberg Bank Reiterates “Buy” Rating for Tharisa (LON:THS)
Berenberg Bank reissued their buy rating on shares of Tharisa (LON:THS) in a research note published on Tuesday, Digital Look reports. Berenberg Bank currently has a GBX 150 ($1.96) target price on the stock.
Separately, Peel Hunt restated a hold rating and issued a GBX 935 ($12.22) price objective (up previously from GBX 920 ($12.02)) on shares of Antofagasta in a research report on Tuesday.
Shares of LON:THS opened at GBX 111.80 ($1.46) on Tuesday. The company has a debt-to-equity ratio of 24.97, a quick ratio of 1.75 and a current ratio of 2.09. The firm has a market capitalization of $294.97 million and a P/E ratio of 9.32. Tharisa has a 52 week low of GBX 84 ($1.10) and a 52 week high of GBX 121.94 ($1.59). The firm has a 50-day moving average price of GBX 106.51.
Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in China, South Africa, Singapore, Hong Kong, and internationally. The company operates through three segments: PGM, Chrome, and Agency and Trading.
Further Reading: Liquidity
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