Tharisa’s (THS) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Tharisa (LON:THS) in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. They currently have a GBX 200 ($2.73) price objective on the stock.

Tharisa Price Performance

Shares of THS opened at GBX 87 ($1.19) on Wednesday. The firm has a market cap of £314.69 million, a PE ratio of 3.98 and a beta of 0.90. The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 14.70. The firm has a fifty day simple moving average of GBX 70.30 and a two-hundred day simple moving average of GBX 63.40. Tharisa has a 1-year low of GBX 48.68 ($0.66) and a 1-year high of GBX 88 ($1.20).

Tharisa Company Profile

Tharisa Plc is an integrated resource group, dual listed in London and Johannesburg and produces platinum group metals and chrome concentrates from the Tharisa mine in South Africa. Uniquely positioned through its vertical structure incorporating processing, beneficiation, marketing, sales and logistics, Tharisa is a low cost producer, using technology and innovation to maximise stakeholder returns through exploitation of mineral resources in a responsible manner.