Griffin Mining (LON:GFM) Rating Reiterated by Berenberg Bank

Griffin Mining (LON:GFM)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 190 ($2.48) price objective on the stock. Berenberg Bank’s price target points to a potential upside of 25.00% from the company’s current price.

Griffin Mining Trading Up 2.7 %

Shares of GFM opened at GBX 152 ($1.99) on Thursday. Griffin Mining has a 1 year low of GBX 77.20 ($1.01) and a 1 year high of GBX 167 ($2.18). The company has a current ratio of 1.57, a quick ratio of 0.98 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of GBX 137.41 and a 200-day simple moving average of GBX 137.21. The stock has a market cap of £278.63 million, a PE ratio of 2,533.33 and a beta of 0.76.

Griffin Mining Company Profile

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for gold, zinc, silver, lead, and base and precious metal deposits. Its principal property is the Caijiaying mine located in Hebei Province, the People's Republic of China.