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

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

Griffin Mining Price Performance

Shares of LON:GFM opened at GBX 144 ($1.78) on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 1.60. The firm has a fifty day moving average price of GBX 112.18 and a 200 day moving average price of GBX 97.23. Griffin Mining has a fifty-two week low of GBX 75 ($0.93) and a fifty-two week high of GBX 144 ($1.78). The firm has a market cap of £265.72 million, a price-to-earnings ratio of 3,525.00 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.