Tharisa (LON:THS) Earns Buy Rating from Berenberg Bank

Tharisa (LON:THSGet Free Report)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 220 price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 91.30% from the stock’s current price.

Tharisa Stock Performance

THS stock opened at GBX 115 on Tuesday. The company has a current ratio of 2.30, a quick ratio of 1.79 and a debt-to-equity ratio of 15.61. The firm has a market cap of £340.73 million, a P/E ratio of 2.93 and a beta of 0.69. Tharisa has a 12-month low of GBX 83.91 and a 12-month high of GBX 148. The stock’s 50 day simple moving average is GBX 120.91 and its 200 day simple moving average is GBX 122.04.

Tharisa Company Profile

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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.

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