Berenberg Bank Reiterates Buy Rating for Griffin Mining (LON:GFM)

Berenberg Bank reissued their buy rating on shares of Griffin Mining (LON:GFM) in a research note published on Wednesday, Marketbeat Ratings reports. The firm currently has a GBX 140 ($1.73) price target on the stock.

Griffin Mining Stock Up 4.1 %

Griffin Mining stock opened at GBX 152 ($1.88) on Wednesday. The stock has a market cap of £280.49 million, a PE ratio of 3,800.00 and a beta of 0.89. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 1.60. Griffin Mining has a one year low of GBX 75 ($0.93) and a one year high of GBX 152 ($1.88). The stock has a fifty day moving average of GBX 114.06 and a 200 day moving average of GBX 97.88.

About Griffin Mining

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.