Tharisa’s (THS) “Buy” Rating Reiterated at Berenberg Bank
by Tristan Rich · The Markets DailyBerenberg Bank restated their buy rating on shares of Tharisa (LON:THS – Free Report) in a research note released on Monday morning,Digital Look reports. They currently have a GBX 230 price target on the stock.
Tharisa Stock Performance
THS opened at GBX 103.50 on Monday. The company has a market cap of £306.66 million, a PE ratio of 2.63 and a beta of 0.71. The stock has a 50-day moving average of GBX 118.58 and a 200-day moving average of GBX 120.22. Tharisa has a 52-week low of GBX 88.15 and a 52-week high of GBX 148. The company has a debt-to-equity ratio of 15.61, a quick ratio of 1.79 and a current ratio of 2.30.
Tharisa Company Profile
About Tharisa – delivering on expansion and growth opportunities, commercialising technology solutions Tharisa is an integrated resource group playing a pivotal role in the global energy transition and the decarbonisation of economies. Leveraging innovation and technology, Tharisa covers the entire value chain – exploration, mining, processing, beneficiation, marketing, sales, and logistics – for PGMs and chrome concentrates. The low cost, multigenerational Tharisa Mine is located on the southwestern limb of the Bushveld Complex, South Africa, the largest source of PGMs and chrome globally.