Tharisa (LON:THS – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Thursday,Digital Look reports. They currently have a GBX 220 price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 74.60% from the company’s previous close.
Tharisa Stock Down 3.1%
THS opened at GBX 126 on Thursday. The stock has a market cap of £373.29 million, a price-to-earnings ratio of 4.85 and a beta of 0.65. The firm’s fifty day moving average is GBX 115.56 and its 200 day moving average is GBX 115.19. The company has a debt-to-equity ratio of 13.31, a quick ratio of 1.80 and a current ratio of 2.03. Tharisa has a fifty-two week low of GBX 54 and a fifty-two week high of GBX 148.
About Tharisa
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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