Maestrano Group (LON:MNO) Given “Buy” Rating at Berenberg Bank

Maestrano Group (LON:MNO – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 168 price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 85.02% from the stock’s previous close.

Maestrano Group Trading Up 2.0%

MNO opened at GBX 90.80 on Friday. The company has a debt-to-equity ratio of 3.57, a quick ratio of 3.98 and a current ratio of 5.74. Maestrano Group has a one year low of GBX 85 and a one year high of GBX 117. The stock has a market cap of £440.85 million and a PE ratio of -15.13.

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Maestrano Group Company Profile

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Meridian Mining is a gold-copper development company focused on advancing high-quality mineral projects in Brazil. The Company’s objective is to build a scalable, mid-tier mining company through the development of its flagship Cabaçal Project and broader Cabaçal VMS belt in Mato Grosso.

With a strong foundation in exploration, resource development and project advancement, Meridian is positioning itself to transition from developer to producer, supported by robust project economics and a growing portfolio of assets.

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