Tharisa (LON:THS) Earns “Buy” Rating from Berenberg Bank

Tharisa (LON:THS – Get Free Report)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 230 target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 86.99% from the company’s previous close.

Tharisa Stock Performance

Shares of LON:THS opened at GBX 123 on Tuesday. The company’s 50 day simple moving average is GBX 123.28 and its 200 day simple moving average is GBX 119.96. The stock has a market capitalization of £364.44 million, a price-to-earnings ratio of 3.13 and a beta of 0.71. The company has a debt-to-equity ratio of 15.61, a current ratio of 2.30 and a quick ratio of 1.79. Tharisa has a 1 year low of GBX 88.15 and a 1 year high of GBX 148.

About Tharisa

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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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