Adriatic Metals PLC traded at 6.22 this Thursday August 28th, decreasing 0.11 or 1.74 percent since the previous trading session. Looking back, over the last four weeks, Adriatic Metals lost 7.24 percent. Over the last 12 months, its price rose by 113.01 percent. Looking ahead, we forecast Adriatic Metals PLC to be priced at 6.09 by the end of this quarter and at 5.72 in one year, according to Trading Economics global macro models projections and analysts expectations.
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.