Tharisa’s (THS) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Tharisa (LON:THS) in a report published on Tuesday, Marketbeat reports. The firm currently has a GBX 220 price target on the stock.

Tharisa Stock Performance

Shares of LON THS opened at GBX 126 on Tuesday. The company has a 50 day simple moving average of GBX 117.02 and a two-hundred day simple moving average of GBX 119.15. The stock has a market cap of £373.33 million, a price-to-earnings ratio of 3.21 and a beta of 0.71. The company has a current ratio of 2.30, a quick ratio of 1.79 and a debt-to-equity ratio of 15.61. Tharisa has a 12 month low of GBX 88.15 and a 12 month high of GBX 148.

Tharisa Company Profile

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.