Griffin Mining (LON:GFM) Shares Cross Above 200 Day Moving Average of $87.76

Shares of Griffin Mining Limited (LON:GFMGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 87.76 ($1.10) and traded as high as GBX 98.50 ($1.23). Griffin Mining shares last traded at GBX 98.50 ($1.23), with a volume of 56,056 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 130 ($1.63) price objective on shares of Griffin Mining in a research report on Friday, January 19th.

Get Our Latest Stock Analysis on Griffin Mining

Griffin Mining Price Performance

The business’s 50 day moving average is GBX 90.51 and its 200-day moving average is GBX 87.76. The firm has a market capitalization of £181.83 million, a P/E ratio of 2,462.50 and a beta of 0.91. The company has a quick ratio of 0.98, a current ratio of 1.60 and a debt-to-equity ratio of 0.31.

Griffin Mining Company Profile

(Get Free Report)

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for gold, zinc, silver, lead, and base and precious metal deposits. Its principal property is the Caijiaying mine located in Hebei Province, the People's Republic of China.

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