# Adriatic Metals PLC 7.5% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/adriatic-metals-plc-7.5-potential-upside-indicated-by-berenberg-bank/4121176165
- Published: 2024-11-04T14:15:30+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 7.5% according to Berenberg Bank.
ADT1.LBerenberg
Bank set a target price of 230 GBX for the company, which when compared to the Adriatic
Metals PLC share price of 214 GBX at opening today (04/11/2024) indicates a potential
upside of 7.5%. Trading has ranged between 124 (52 week low) and 254 (52 week high)
with an average of 207,898 shares exchanging hands daily. The market capitalisation
at the time of writing is £671,830,427.Adriatic Metals PLC is a United Kingdom-based
precious and base metals mining company that is advancing the Vares Silver Operation
in Bosnia and Herzegovina, as well as the Raska Zinc-Silver Project in Serbia. The
Company’s flagship Vares Project is located approximately 50 kilometers (km) north
of Sarajevo, in the district of Vares. It owns 100% of the 44 square kilometers (
km2) Vares Project concession. The concession area includes the mineralization included
in the Mineral Resource Estimates of Rupice and Veovaca, as well as a number of 
prospects and exploration targets. The polymetallic underground deposit of Rupice
has high grades of silver and zinc, with lead, copper and gold credits. The Raska
Zinc-Silver Project is a prospective 130 km2 land package in southern Serbia, focused
primarily around two historic open pit mining operations: Sastavci and Kizevak deposits
that sit on the polymetallic tethyan metallogenic belt, which contain zinc, silver
and lead mineralization.

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