Tharisa’s (THS) “Buy” Rating Reiterated at Berenberg Bank
Berenberg Bank reaffirmed their buy rating on shares of Tharisa (LON:THS) in a report published on Tuesday, Digital Look reports. The firm currently has a GBX 150 ($1.96) price target on the stock.
Separately, Peel Hunt restated a hold rating and set a GBX 935 ($12.22) price target (up from GBX 920 ($12.02)) on shares of Antofagasta in a research note on Tuesday.
LON:THS opened at GBX 111.80 ($1.46) on Tuesday. The company has a quick ratio of 1.75, a current ratio of 2.09 and a debt-to-equity ratio of 24.97. The stock’s fifty day moving average price is GBX 106.51. Tharisa has a 52 week low of GBX 84 ($1.10) and a 52 week high of GBX 121.94 ($1.59). The firm has a market capitalization of $294.97 million and a PE ratio of 9.32.
Tharisa Company Profile
Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in China, South Africa, Singapore, Hong Kong, and internationally. The company operates through three segments: PGM, Chrome, and Agency and Trading.
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