Tharisa (LON:THS) Stock Rating Reaffirmed as “Buy” by Berenberg Bank

Tharisa (LON:THS)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a research note issued to investors on Monday, Digital Look reports. They currently have a GBX 230 target price on the stock. Berenberg Bank‘s target price would suggest a potential upside of 126.85% from the company’s previous close.

Tharisa Price Performance

Shares of LON:THS opened at GBX 101.39 on Monday. The firm has a 50 day moving average of GBX 119.95 and a 200-day moving average of GBX 120.55. The stock has a market capitalization of £300.41 million, a PE ratio of 2.58 and a beta of 0.71. The company has a current ratio of 2.30, a quick ratio of 1.79 and a debt-to-equity ratio of 15.61. Tharisa has a 12 month low of GBX 88.15 and a 12 month high of GBX 148.

Tharisa Company Profile

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.