Maestrano Group’s (MNO) “Buy” Rating Reiterated at Berenberg Bank

Maestrano Group (LON:MNO)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 168 price target on the stock. Berenberg Bank’s price target indicates a potential upside of 86.67% from the stock’s current price.

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 120 price target on shares of Maestrano Group in a research report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 144.

Maestrano Group Stock Performance

Shares of LON:MNO opened at GBX 90 on Friday. The company has a market capitalization of £436.96 million and a PE ratio of -15.00. Maestrano Group has a 1 year low of GBX 73 and a 1 year high of GBX 117. The stock has a fifty day simple moving average of GBX 86.43. The company has a debt-to-equity ratio of 3.57, a current ratio of 5.74 and a quick ratio of 3.98.

Maestrano Group Company Profile

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.