Berenberg Bank Increases Griffin Mining (LON:GFM) Price Target to GBX 190

Griffin Mining (LON:GFM) had its price objective lifted by Berenberg Bank from GBX 180 ($2.31) to GBX 190 ($2.43) in a research report report published on Wednesday morning, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

Griffin Mining Stock Down 1.3 %

Shares of LON GFM opened at GBX 150 ($1.92) on Wednesday. The stock has a market cap of £276.35 million, a PE ratio of 2,500.00 and a beta of 0.89. The company has a current ratio of 1.57, a quick ratio of 0.98 and a debt-to-equity ratio of 0.27. Griffin Mining has a 12-month low of GBX 75 ($0.96) and a 12-month high of GBX 167 ($2.14). The company has a 50-day moving average of GBX 154.81 and a 200 day moving average of GBX 124.56.

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.