Adriatic Metals PLC (LON:ADT1) Insider Michael Ian Rawlinson Buys 5,000 Shares of Stock

Adriatic Metals PLC (LON:ADT1) insider Michael Ian Rawlinson acquired 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was acquired at an average price of GBX 217 ($2.81) per share, for a total transaction of £10,850 ($14,070.81).

Michael Ian Rawlinson also recently made the following trade(s):

• On Thursday, August 8th, Michael Ian Rawlinson bought 17,982 shares of Adriatic Metals stock. The stock was acquired at an average price of GBX 138 ($1.79) per share, for a total transaction of £24,815.16 ($32,181.51).

Adriatic Metals Price Performance

Shares of ADT1 opened at GBX 212.50 ($2.76) on Friday. The firm has a 50-day simple moving average of GBX 180.63 and a two-hundred day simple moving average of GBX 192.66. The stock has a market cap of £689.52 million, a PE ratio of -1,931.82 and a beta of 1.12. Adriatic Metals PLC has a 1-year low of GBX 124.20 ($1.61) and a 1-year high of GBX 253.50 ($3.29). The company has a debt-to-equity ratio of 111.51, a current ratio of 1.01 and a quick ratio of 23.92.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 230 ($2.98) price target on shares of Adriatic Metals in a report on Thursday, September 26th.

Adriatic Metals Company Profile

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.