Tharisa (LON:THS) Given “Buy” Rating at Berenberg Bank

Tharisa (LON:THS)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a report released on Thursday,Digital Look reports. They currently have a GBX 220 target price on the stock. Berenberg Bank’s price target suggests a potential upside of 71.88% from the company’s previous close.

Tharisa Stock Up 3.2%

LON:THS opened at GBX 128 on Thursday. The company’s 50-day simple moving average is GBX 115.52 and its 200-day simple moving average is GBX 114.90. The company has a debt-to-equity ratio of 13.31, a quick ratio of 1.80 and a current ratio of 2.03. Tharisa has a fifty-two week low of GBX 54 and a fifty-two week high of GBX 148. The stock has a market capitalization of £379.21 million, a P/E ratio of 4.92 and a beta of 0.65.

About Tharisa

About Tharisa – delivering on expansion and growth opportunities, commercialising technology solutions
Tharisa is an integrated resource group playing a pivotal role in the global energy transition and the decarbonisation of economies. Leveraging innovation and technology, Tharisa covers the entire value chain – exploration, mining, processing, beneficiation, marketing, sales, and logistics – for PGMs and chrome concentrates. The low cost, multigenerational Tharisa Mine is located on the southwestern limb of the Bushveld Complex, South Africa, the largest source of PGMs and chrome globally.