Adriatic Metals PLC (LON:ADT1) Insider Purchases £10,850 in Stock

Adriatic Metals PLC (LON:ADT1) insider Michael Ian Rawlinson acquired 5,000 shares of the stock in a transaction dated Wednesday, October 30th. The stock was bought at an average price of GBX 217 ($2.81) per share, with a total value of £10,850 ($14,070.81).

Michael Ian Rawlinson also recently made the following trade(s):

• On Thursday, August 8th, Michael Ian Rawlinson bought 17,982 shares of Adriatic Metals stock. The shares were purchased at an average cost of GBX 138 ($1.79) per share, for a total transaction of £24,815.16 ($32,181.51).

Adriatic Metals Price Performance

Shares of LON ADT1 opened at GBX 214 ($2.78) on Friday. Adriatic Metals PLC has a 1-year low of GBX 124.20 ($1.61) and a 1-year high of GBX 253.50 ($3.29). The company has a current ratio of 1.01, a quick ratio of 23.92 and a debt-to-equity ratio of 111.51. The stock has a fifty day simple moving average of GBX 181.78 and a two-hundred day simple moving average of GBX 192.69. The firm has a market cap of £694.39 million, a price-to-earnings ratio of -1,945.45 and a beta of 1.12.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 230 ($2.98) target price on shares of Adriatic Metals in a report on Thursday, September 26th.

Adriatic Metals Company Profile

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.