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MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Adriatic Metals PLC    ADT   AU0000004772

ADRIATIC METALS PLC

(ADT)
  Report
End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 01/24
1.855 AUD   -1.85%
2019ADRIATIC METALS : Sandfire Resources Increase in Relevant Interest
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Adriatic Metals : Sandfire Resources Increase in Relevant Interest

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12/06/2019 | 09:59am EST

Adriatic Metals PLC (ASX: ADT & FSE: 3FN) ('Adriatic' or the 'Company') has been informed that Sandfire Resources NL relevant interest in Adriatic has increased to 28,052,232 securities (or 15.785% of all Adriatic shares) as at 2 December 2019.

Contact:

Paul Cronin

Email: info@adriaticmetals.com

ABOUT ADRIATIC METALS

Adriatic Metals PLC (ASX:ADT) ('Adriatic' or 'Company') is an ASX-listed precious and base metals explorer and developer via its 100% interest in the VareS Project in Bosnia & Herzegovina. The Project comprises a historic open cut mine at Veovaca and brownfield exploration at Rupice, an advanced proximal deposit which exhibits exceptionally high grades of base and precious metals. Adriatic's short-term aim is to expand the current JORC resource at high-grade Rupice deposit, as well as conduct exploration on a number of other prospects within the expanded Concession. Adriatic has attracted a world class team to expedite its exploration efforts and to rapidly advance the Company into the development phase and utilise its first mover advantage and strategic assets in Bosnia.

(C) 2019 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
ADRIATIC METALS PLC -1.85% 1.855 End-of-day quote.17.78%
SANDFIRE RESOURCES LIMITED -0.17% 5.94 End-of-day quote.-0.50%
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Latest news on ADRIATIC METALS PLC
2019ADRIATIC METALS : Sandfire Resources Increase in Relevant Interest
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Financials (GBP)
Sales 2020 -
EBIT 2020 -3,90 M
Net income 2020 -2,47 M
Finance 2020 17,1 M
Yield 2020 -
P/E ratio 2020 -65,1x
P/E ratio 2021 -65,1x
EV / Sales2020 infx
EV / Sales2021 infx
Capitalization 173 M
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Technical analysis trends ADRIATIC METALS PLC
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 2,40  AUD
Last Close Price 1,86  AUD
Spread / Highest target 49,9%
Spread / Average Target 29,1%
Spread / Lowest Target 7,82%
EPS Revisions
Managers
NameTitle
Paul D. Cronin Chief Executive Officer, Executive Director & MD
Peter Ross Bilbe Non-Executive Chairman
Graham Hill Chief Operating Officer
Sean Duffy Chief Financial Officer & Joint Secretary
Julian F. H. Barnes Non-Executive Director
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