Canaccord Genuity Reaffirms Their Buy Rating on Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh (ADMLF)

In a report released on August 5, Paul Howard CFA from Canaccord Genuity maintained a Buy rating on Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh (ADMLFResearch Report), with a price target of AUD3.95. The company’s shares closed yesterday at $1.54.

Howard CFA covers the Basic Materials sector, focusing on stocks such as Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh, Firefinch Limited, and Develop Global Limited. According to TipRanks, Howard CFA has an average return of -5.2% and a 28.57% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh with a $2.75 average price target.

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The company has a one-year high of $2.50 and a one-year low of $1.13. Currently, Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh has an average volume of 23.29K.

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is neutral on the stock.

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Adriatic Metals PLC is engaged in mineral exploration. The projects of the company are The Veovaca and The Rupice project. The Veovaca is historic open cut zinc, lead, barite, and silver mine and the Rupice project is an advanced exploration project which exhibits exceptionally high grades of the base and precious metals and is located approximately 17km North West of the Veovaca Project.

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