Griffin Mining (LON:GFM) Reaches New 52-Week High at $168.55

Griffin Mining Limited (LON:GFM) hit a new 52-week high during trading on Monday . The company traded as high as GBX 168.55 ($2.26) and last traded at GBX 167 ($2.24), with a volume of 226313 shares trading hands. The stock had previously closed at GBX 163 ($2.18).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 190 ($2.54) target price on shares of Griffin Mining in a research note on Thursday, September 12th.

Griffin Mining Stock Up 2.5 %

The stock has a market cap of £306.13 million, a PE ratio of 2,037.50 and a beta of 0.76. The business has a 50 day simple moving average of GBX 137.55 and a 200 day simple moving average of GBX 141.67. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.76 and a quick ratio of 0.98.

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.