Maestrano Group’s (MNO) “Speculative Buy” Rating Reiterated at Canaccord Genuity Group

Maestrano Group (LON:MNO)‘s stock had its “speculative buy” rating restated by equities research analysts at Canaccord Genuity Group in a report issued on Tuesday, London Stock Exchange reports. They presently have a GBX 120 price target on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 8.11% from the stock’s current price.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 168 target price on shares of Maestrano Group in a report on Friday, August 14th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 144.

Maestrano Group Stock Up 12.8%

MNO opened at GBX 111 on Tuesday. The company has a debt-to-equity ratio of 3.57, a current ratio of 5.74 and a quick ratio of 3.98. The firm’s 50 day moving average is GBX 89.70. Maestrano Group has a twelve month low of GBX 73 and a twelve month high of GBX 117. The stock has a market capitalization of £540.92 million and a PE ratio of -18.50.

Maestrano Group Company Profile

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.