Maestrano Group’s (MNO) Buy Rating Reiterated at Berenberg Bank

Maestrano Group (LON:MNO)‘s stock had its “buy” rating reiterated by Berenberg Bank in a report issued on Friday,London Stock Exchange reports. They presently have a GBX 168 price objective on the stock. Berenberg Bank’s target price points to a potential upside of 85.02% from the stock’s previous close.

Maestrano Group Trading Up 2.0%

Shares of LON:MNO opened at GBX 90.80 on Friday. Maestrano Group has a 1-year low of GBX 85 and a 1-year high of GBX 117. The company has a quick ratio of 3.98, a current ratio of 5.74 and a debt-to-equity ratio of 3.57. The firm has a market cap of £440.85 million and a P/E ratio of -15.13.

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.