Griffin Mining (LON:GFM) Reaches New 52-Week High at $137.50

Shares of Griffin Mining Limited (LON:GFM) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 137.50 ($1.71) and last traded at GBX 135.50 ($1.69), with a volume of 193633 shares traded. The stock had previously closed at GBX 135 ($1.68).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 140 ($1.74) price target on shares of Griffin Mining in a report on Thursday, April 11th.

Griffin Mining Stock Performance

The company has a market cap of £256.50 million, a P/E ratio of 3,443.75 and a beta of 0.89. The company has a quick ratio of 0.98, a current ratio of 1.60 and a debt-to-equity ratio of 0.31. The stock’s 50-day moving average price is GBX 107.92 and its 200 day moving average price is GBX 95.61.

Griffin Mining Company Profile

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for gold, zinc, silver, lead, and base and precious metal deposits. Its principal property is the Caijiaying mine located in Hebei Province, the People's Republic of China.