Griffin Mining (LON:GFM) Given Buy Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Griffin Mining (LON:GFM) in a report released on Wednesday morning, Marketbeat Ratings reports. The firm currently has a GBX 140 ($1.73) price target on the stock.

Griffin Mining Price Performance

Griffin Mining stock opened at GBX 152 ($1.88) on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.60 and a quick ratio of 0.98. The business has a 50 day simple moving average of GBX 115.15 and a 200 day simple moving average of GBX 98.29. Griffin Mining has a one year low of GBX 75 ($0.93) and a one year high of GBX 152 ($1.88). The company has a market capitalization of £280.49 million, a PE ratio of 3,800.00 and a beta of 0.89.

About Griffin Mining

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.