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

Tharisa (LON:THSGet Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report released on Tuesday, London Stock Exchange reports. They presently have a GBX 220 price objective on the stock. Berenberg Bank’s price objective would indicate a potential upside of 75.65% from the stock’s current price.

Tharisa Stock Down 2.3%

Shares of LON:THS opened at GBX 125.25 on Tuesday. The company has a debt-to-equity ratio of 15.61, a quick ratio of 1.79 and a current ratio of 2.30. Tharisa has a 1 year low of GBX 88.15 and a 1 year high of GBX 148. The stock has a 50-day simple moving average of GBX 116.32 and a 200-day simple moving average of GBX 119.33. The stock has a market capitalization of £371.10 million, a P/E ratio of 3.19 and a beta of 0.71.

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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