Griffin Mining (LON:GFM) Rating Reiterated by Berenberg Bank

Griffin Mining (LON:GFM)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report issued on Wednesday, Marketbeat reports. They currently have a GBX 140 ($1.73) target price on the stock. Berenberg Bank’s target price points to a potential downside of 4.11% from the stock’s previous close.

Griffin Mining Stock Up 3.5 %

Shares of LON:GFM opened at GBX 146 ($1.80) on Wednesday. The company has a current ratio of 1.60, a quick ratio of 0.98 and a debt-to-equity ratio of 0.31. Griffin Mining has a 12 month low of GBX 75 ($0.93) and a 12 month high of GBX 146 ($1.80). The company has a 50-day moving average price of GBX 113.07 and a 200 day moving average price of GBX 97.54. The company has a market cap of £269.41 million, a price-to-earnings ratio of 3,650.00 and a beta of 0.89.

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.