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

Berenberg Bank restated their buy rating on shares of Maestrano Group (LON:MNO) in a report released on Tuesday,London Stock Exchange reports. The firm currently has a GBX 168 target price on the stock.

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 120 price target on shares of Maestrano Group in a research report on Tuesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Maestrano Group has an average rating of “Buy” and an average price target of GBX 144.

Maestrano Group Stock Performance

Shares of Maestrano Group stock opened at GBX 120 on Tuesday. Maestrano Group has a one year low of GBX 73 and a one year high of GBX 125.50. The business has a fifty day moving average of GBX 92.11. The company has a market cap of £584.78 million and a PE ratio of -20.00. The company has a current ratio of 5.74, a quick ratio of 3.98 and a debt-to-equity ratio of 3.57.

About Maestrano Group

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.