Tharisa (LON:THS) Given “Buy” Rating at Berenberg Bank

Tharisa (LON:THS – Get Free Report)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report released on Tuesday, Digital Look reports. They currently have a GBX 230 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 90.08% from the company’s current price.

Tharisa Stock Performance

Shares of LON THS opened at GBX 121 on Tuesday. Tharisa has a 1 year low of GBX 88.15 and a 1 year high of GBX 148. 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 £358.51 million, a PE ratio of 3.08 and a beta of 0.71. The company’s fifty day moving average price is GBX 122.97 and its 200 day moving average price is GBX 119.73.

Tharisa Company Profile

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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.

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