Maestrano Group’s (MNO) Speculative Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their speculative buy rating on shares of Maestrano Group (LON:MNO) in a research report report published on Friday,London Stock Exchange reports. The firm currently has a GBX 120 price target on the stock.

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

Maestrano Group Price Performance

MNO opened at GBX 77.40 on Friday. The company has a debt-to-equity ratio of 3.57, a current ratio of 5.74 and a quick ratio of 3.98. The firm’s 50-day moving average price is GBX 95.02. Maestrano Group has a fifty-two week low of GBX 73.80 and a fifty-two week high of GBX 117. The company has a market capitalization of £375.79 million and a price-to-earnings ratio of -12.90.

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.