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

Tharisa (LON:THSGet Free Report)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a note issued to investors on Friday, London Stock Exchange reports. They currently have a GBX 220 price objective on the stock. Berenberg Bank’s price target suggests a potential upside of 71.88% from the company’s previous close.

Tharisa Stock Performance

LON:THS opened at GBX 128 on Friday. The company has a market cap of £379.25 million, a P/E ratio of 3.26 and a beta of 0.71. Tharisa has a twelve month low of GBX 88.15 and a twelve month high of GBX 148. The company’s 50-day moving average price is GBX 118.20 and its 200-day moving average price 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.

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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