Maestrano Group (LON:MNO) Earns “Speculative Buy” Rating from Canaccord Genuity Group

Maestrano Group (LON:MNO)‘s stock had its “speculative buy” rating reiterated by analysts at Canaccord Genuity Group in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 120 target price on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 55.04% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 168 price objective on shares of Maestrano Group in a research report on Friday, June 19th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Maestrano Group presently has a consensus rating of “Buy” and an average target price of GBX 144.

Maestrano Group Stock Performance

The company has a debt-to-equity ratio of 3.57, a current ratio of 5.74 and a quick ratio of 3.98. The company’s fifty day moving average price is GBX 95.02. The stock has a market capitalization of £375.79 million and a PE ratio of -12.90. Maestrano Group has a 52 week low of GBX 73.80 and a 52 week high of GBX 117.

Maestrano Group Company Profile

Meridian Mining is a gold-copper development company focused on advancing high-quality mineral projects in Brazil. The Company’s objective is to build a scalable, mid-tier mining company through the development of its flagship Cabaçal Project and broader Cabaçal VMS belt in Mato Grosso.

With a strong foundation in exploration, resource development and project advancement, Meridian is positioning itself to transition from developer to producer, supported by robust project economics and a growing portfolio of assets.