Maestrano Group (LON:MNO) Earns “Speculative Buy” Rating from Canaccord Genuity Group

Maestrano Group (LON:MNO)‘s stock had its “speculative buy” rating reissued by Canaccord Genuity Group in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 120 price objective on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 58.31% from the company’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 168 price target on shares of Maestrano Group in a research report on Friday, June 19th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 144.

Maestrano Group Stock Performance

Shares of MNO stock opened at GBX 75.80 on Friday. The company has a quick ratio of 3.98, a current ratio of 5.74 and a debt-to-equity ratio of 3.57. The firm has a market capitalization of £368.02 million and a PE ratio of -12.63. The company has a 50 day simple moving average of GBX 95.43. Maestrano Group has a fifty-two week low of GBX 74.80 and a fifty-two week high of GBX 117.

About Maestrano Group

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.