Tharisa (LON:THS) Earns “Buy” Rating from Berenberg Bank

Tharisa (LON:THS)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a report released on Tuesday, October 13th, Digital Look reports. They currently have a GBX 230 price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 86.23% from the company’s current price.

Tharisa Stock Up 0.4%

LON THS traded up GBX 0.50 during trading hours on Tuesday, reaching GBX 123.50. 441,065 shares of the company’s stock were exchanged, compared to its average volume of 319,933. The company has a debt-to-equity ratio of 15.61, a quick ratio of 1.79 and a current ratio of 2.30. The company has a market capitalization of £365.92 million, a price-to-earnings ratio of 3.14 and a beta of 0.71. The company’s 50-day moving average is GBX 123.40 and its two-hundred day moving average is GBX 120.10. Tharisa has a one year low of GBX 88.15 and a one year high of GBX 148.

About Tharisa

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.