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

Adriatic Metals PLC (LON:ADT1) insider Michael Ian Rawlinson bought 5,000 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were purchased 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 purchased 17,982 shares of Adriatic Metals stock. The shares were acquired at an average cost of GBX 138 ($1.79) per share, for a total transaction of £24,815.16 ($32,181.51).

Adriatic Metals Stock Down 2.3 %

Adriatic Metals stock opened at GBX 212.50 ($2.76) on Friday. The firm has a market capitalization of £689.52 million, a P/E ratio of -1,931.82 and a beta of 1.12. The company has a current ratio of 1.01, a quick ratio of 23.92 and a debt-to-equity ratio of 111.51. Adriatic Metals PLC has a twelve month low of GBX 124.20 ($1.61) and a twelve month high of GBX 253.50 ($3.29). The stock’s fifty day simple moving average is GBX 180.63 and its 200-day simple moving average is GBX 192.66.

Wall Street Analysts Forecast Growth

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

About Adriatic Metals

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.