Metal Tiger PLC 88.5% potential upside indicated by Berenberg Bank

Metal Tiger PLC with ticker (LON:MTR) now has a potential upside of 88.5% according to Berenberg Bank.



Berenberg Bank set a target price of 160 GBX for the company, which when compared to the Metal Tiger PLC share price of 18 GBX at opening today (06/09/2022) indicates a potential upside of 88.5%. Trading has ranged between 14 (52 week low) and 28 (52 week high) with an average of 346,287 shares exchanging hands daily. The market capitalisation at the time of writing is £31,060,917.

Metal Tiger plc is a natural resource company. The Company operates through two segments: Project Investments and Equity Investments. The Project Investments segment includes investments into mineral exploration and development projects either through subsidiaries, associates or joint venture companies. The Project Investment segment comprises an equity investment and a joint venture arrangement with Kalahari Metals, which direct and indirect exposure to over 12 exploration licenses in the Kalahari Copper Belt (KCB) covering over 8,714 square kilometers. The Equity Investments segment invests in mining exploration and development companies with a preference for base and precious metals. The Company’s project investments are focused on projects located in United Kingdom, Europe, Middle East, and Africa (EMEA), Asia Pacific, Australasia and Americas. The Company’s subsidiaries include KEMCO Mining plc, Metal Group Co. Ltd. and Metal Tiger IHQ Co. Ltd.