# Adriatic Metals PLC 41.2% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/adriatic-metals-plc-41.2-potential-upside-indicated-by-berenberg-bank/4121142892
- Published: 2024-02-16T11:49:41+00:00
- Author: Charlotte Edwards

**Adriatic Metals PLC** with ticker ([LON:ADT](https://www.directorstalkinterviews.com/company/adept-technology-group-plc/adt.l)
1) now has a potential upside of 41.2% according to Berenberg Bank.
Berenberg Bank
set a target price of 240 GBX for the company, which when compared to the Adriatic
Metals PLC share price of 170 GBX at opening today (16/02/2024) indicates a potential
upside of 41.2%. Trading has ranged between 146 (52 week low) and 217 (52 week high)
with an average of 64,485 shares exchanging hands daily. The market capitalisation
at the time of writing is £506,585,008.Adriatic Metals PLC is a United Kingdom-based
precious and base metals explorer and developer. The Company owns the Vares Project
in Bosnia and Herzegovina, and the Raska Project in Serbia. The Company’s flagship
Vares Project is located in the municipality of Vares, within the Zenica-Doboj canton,
approximately 50 kilometers (km) north of the Bosnian capital of Sarajevo. The Company
conducts exploration activities, including definition drilling with diamond core
drill rigs operating at each target. The Company holds the Kizevak and Sastavci 
exploration licenses relating to the Raska Project. Kizevak and Sastavci are two
past-producing zinc, lead and silver open pit mines located within the Raska District.
The Company, through its wholly owned subsidiary, Eastern Mining d.o.o., owns 100%
of the 42 square kilometers (km2) Vares Project concession.

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