Maestrano Group (LON:MNO) Earns “Speculative Buy” Rating from Canaccord Genuity Group

Maestrano Group (LON:MNO)‘s stock had its “speculative buy” rating reaffirmed by Canaccord Genuity Group in a research note issued to investors on Tuesday, London Stock Exchange reports. They currently have a GBX 120 price target on the stock. Canaccord Genuity Group’s target price points to a potential downside of 2.44% from the stock’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 168 target price on shares of Maestrano Group in a research note on Friday, August 14th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 144.

Maestrano Group Stock Up 3.8%

Shares of Maestrano Group stock opened at GBX 123 on Tuesday. Maestrano Group has a fifty-two week low of GBX 73 and a fifty-two week high of GBX 125.50. The business’s fifty day simple moving average is GBX 91.23. The company has a current ratio of 5.74, a quick ratio of 3.98 and a debt-to-equity ratio of 3.57. The stock has a market cap of £599.40 million and a price-to-earnings ratio of -20.50.

About Maestrano Group

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.