Tharisa (LON:THS) Earns Buy Rating from Berenberg Bank

Tharisa (LON:THSGet Free Report)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a report released on Friday, London Stock Exchange reports. They presently have a GBX 220 price target on the stock. Berenberg Bank’s price target suggests a potential upside of 71.88% from the stock’s previous close.

Tharisa Trading Up 1.6%

THS stock opened at GBX 128 on Friday. Tharisa has a 12-month low of GBX 88.15 and a 12-month high of GBX 148. The business’s 50-day moving average is GBX 118.20 and its 200 day moving average is GBX 118.88. The company has a current ratio of 2.30, a quick ratio of 1.79 and a debt-to-equity ratio of 15.61. The stock has a market cap of £379.25 million, a price-to-earnings ratio of 3.26 and a beta of 0.71.

Tharisa Company Profile

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About Tharisa – delivering on expansion and growth opportunities, commercialising technology solutions
Tharisa is an integrated resource group playing a pivotal role in the global energy transition and the decarbonisation of economies. Leveraging innovation and technology, Tharisa covers the entire value chain – exploration, mining, processing, beneficiation, marketing, sales, and logistics – for PGMs and chrome concentrates. The low cost, multigenerational Tharisa Mine is located on the southwestern limb of the Bushveld Complex, South Africa, the largest source of PGMs and chrome globally.

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