Tharisa (THS) Given Buy Rating at Berenberg Bank

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Berenberg Bank reiterated their buy rating on shares of Tharisa (LON:THS) in a research note released on Wednesday, Digital Look reports. Berenberg Bank currently has a GBX 150 ($1.96) price objective on the stock.

Separately, Peel Hunt reissued a buy rating on shares of Tharisa in a research note on Friday, May 10th.

Shares of Tharisa stock opened at GBX 107.50 ($1.40) on Wednesday. The stock has a market capitalization of $280.47 million and a P/E ratio of 8.74. The company has a debt-to-equity ratio of 24.97, a current ratio of 2.09 and a quick ratio of 1.75. Tharisa has a 1 year low of GBX 84 ($1.10) and a 1 year high of GBX 121.94 ($1.59).

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 19th. Investors of record on Thursday, June 6th will be paid a $0.01 dividend. This represents a yield of 0.36%. The ex-dividend date of this dividend is Thursday, June 6th. Tharisa’s dividend payout ratio is currently 0.24%.

Tharisa Company Profile

Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in China, South Africa, Singapore, Hong Kong, and internationally. The company operates through three segments: PGM, Chrome, and Agency and Trading.

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