# Griffin Mining Ltd 25.5% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/griffin-mining-ltd-25.5-potential-upside-indicated-by-berenberg-bank/4121165251
- Published: 2024-07-16T13:03:23+01:00
- Author: Charlotte Edwards

**Griffin Mining Ltd** with ticker (LON:GFM) now has a potential upside of 25.5%
according to Berenberg Bank.
GFM.LBerenberg Bank set a target price of 190 GBX for
the company, which when compared to the Griffin Mining Ltd share price of 151 GBX
at opening today (16/07/2024) indicates a potential upside of 25.5%. Trading has
ranged between 75 (52 week low) and 167 (52 week high) with an average of 175,787
shares exchanging hands daily. The market capitalisation at the time of writing 
is £276,766,902.Griffin Mining Limited is a mining and investment company. The Company
holds an 88.8% interest in Hebei Hua Ao Mining Industry Company Limited (Hebei Hua
Ao) through its wholly owned Hong Kong subsidiary, China Zinc Limited (China Zinc),
which holds licenses, including the mine and processing facilities near Caijiaying
Village (the Caijiaying Mine) in the People’s Republic of China (PRC). The Company
also holds a 90% interest in Hebei Sino Anglo Mining Development Company Limited(
Hebei Anglo), which has interests in exploration licenses immediately surrounding
the Hebei Hua Ao license area. The Caijiaying Mine is an operating zinc, gold, silver
and lead mine, together with a processing plant, camp and supporting facilities 
located approximately 250 kilometers (km) by road, northwest of Beijing. The Caijiaying
Mine is located at the northern margin of the North China Craton in the Yanshan 
Metallogenic Belt within Hebei Province of the PRC.

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