Maestrano Group’s (MNO) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Maestrano Group (LON:MNO) in a research report released on Wednesday morning,London Stock Exchange reports. They currently have a GBX 168 target price on the stock.

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 120 price target on shares of Maestrano Group in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Maestrano Group currently has a consensus rating of “Buy” and an average price target of GBX 144.

Maestrano Group Price Performance

Shares of LON MNO traded down GBX 0.60 during mid-day trading on Wednesday, hitting GBX 81.40. The company’s stock had a trading volume of 434,747 shares, compared to its average volume of 512,236. The stock has a market capitalization of £395.21 million and a PE ratio of -13.57. The company has a current ratio of 5.74, a quick ratio of 3.98 and a debt-to-equity ratio of 3.57. Maestrano Group has a one year low of GBX 73 and a one year high of GBX 117. The company has a fifty day simple moving average of GBX 89.53.

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.