Maestrano Group (LON:MNO) Receives “Buy” Rating from Berenberg Bank

Maestrano Group (LON:MNO)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research report issued to clients and investors on Friday,London Stock Exchange reports. They currently have a GBX 168 price objective on the stock. Berenberg Bank’s price target indicates a potential upside of 86.67% from the stock’s current price.

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 120 price target on shares of Maestrano Group in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 144.

Maestrano Group Stock Performance

Maestrano Group stock opened at GBX 90 on Friday. The firm has a market cap of £436.96 million and a price-to-earnings ratio of -15.00. The company has a current ratio of 5.74, a quick ratio of 3.98 and a debt-to-equity ratio of 3.57. The company has a 50 day moving average of GBX 86.43. Maestrano Group has a twelve month low of GBX 73 and a twelve month high of GBX 117.

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.