Maestrano Group (LON:MNO) Earns Speculative Buy Rating from Canaccord Genuity Group

Maestrano Group (LON:MNO)‘s stock had its “speculative buy” rating reiterated by equities researchers at Canaccord Genuity Group in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 120 target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 58.31% from the stock’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 168 price objective on shares of Maestrano Group in a report on Friday, June 19th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Maestrano Group has a consensus rating of “Buy” and a consensus target price of GBX 144.

Maestrano Group Price Performance

Shares of MNO stock opened at GBX 75.80 on Friday. The stock has a fifty day moving average price of GBX 95.43. The stock has a market cap of £368.02 million and a price-to-earnings ratio of -12.63. Maestrano Group has a 1 year low of GBX 74.80 and a 1 year high of GBX 117. The company has a debt-to-equity ratio of 3.57, a current ratio of 5.74 and a quick ratio of 3.98.

Maestrano Group Company Profile

Meridian Mining is a gold-copper development company focused on advancing high-quality mineral projects in Brazil. The Company’s objective is to build a scalable, mid-tier mining company through the development of its flagship Cabaçal Project and broader Cabaçal VMS belt in Mato Grosso.

With a strong foundation in exploration, resource development and project advancement, Meridian is positioning itself to transition from developer to producer, supported by robust project economics and a growing portfolio of assets.