Maestrano Group (LON:MNO) Earns Buy Rating from Berenberg Bank

Maestrano Group (LON:MNO)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a report released on Wednesday,London Stock Exchange reports. They presently have a GBX 168 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 111.59% from the stock’s previous close.

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 120 target price on shares of Maestrano Group in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 144.

Maestrano Group Price Performance

LON:MNO traded down GBX 2.60 during mid-day trading on Wednesday, reaching GBX 79.40. The company’s stock had a trading volume of 470,953 shares, compared to its average volume of 512,811. The company has a debt-to-equity ratio of 3.57, a quick ratio of 3.98 and a current ratio of 5.74. The company has a market cap of £385.50 million and a PE ratio of -13.23. The stock’s fifty day moving average price is GBX 89.53. Maestrano Group has a twelve month low of GBX 73 and a twelve month high of GBX 117.

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.