Tharisa’s (THS) “Buy” Rating Reiterated at Berenberg Bank

Tharisa (LON:THSGet Free Report)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a research report issued to clients and investors on Thursday,Digital Look reports. They presently have a GBX 220 price objective on the stock. Berenberg Bank’s price objective would indicate a potential upside of 98.20% from the company’s previous close.

Tharisa Trading Down 1.8%

Shares of LON:THS opened at GBX 111 on Thursday. The firm has a market capitalization of £328.88 million, a P/E ratio of 2.82 and a beta of 0.68. The company has a debt-to-equity ratio of 15.61, a current ratio of 2.30 and a quick ratio of 1.79. The business’s 50-day moving average is GBX 121.52 and its 200 day moving average is GBX 120.64. Tharisa has a 1 year low of GBX 79.30 and a 1 year high of GBX 148.

Tharisa Company Profile

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About Tharisa – delivering on expansion and growth opportunities, commercialising technology solutions
Tharisa is an integrated resource group playing a pivotal role in the global energy transition and the decarbonisation of economies. Leveraging innovation and technology, Tharisa covers the entire value chain – exploration, mining, processing, beneficiation, marketing, sales, and logistics – for PGMs and chrome concentrates. The low cost, multigenerational Tharisa Mine is located on the southwestern limb of the Bushveld Complex, South Africa, the largest source of PGMs and chrome globally.

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