Maestrano Group (LON:MNO) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Maestrano Group (LON:MNO) in a report released on Friday,London Stock Exchange reports. They currently have a GBX 168 price objective on the stock.

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

Maestrano Group Price Performance

The stock has a 50-day simple moving average of GBX 86.19. Maestrano Group has a fifty-two week low of GBX 73 and a fifty-two week high of GBX 117. The stock has a market cap of £436.96 million and a price-to-earnings ratio of -15.00. The company has a current ratio of 5.74, a quick ratio of 3.98 and a debt-to-equity ratio of 3.57.

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.