Fri Oct 04 04:00:59 UTC 2024: ## Tharisa Plc Stock Dips Below 50-Day Moving Average

**London, October 4th, 2024** – Tharisa plc (LON:THS), a leading platinum group metals (PGM) and chrome producer, saw its share price fall below its 50-day moving average on Tuesday. The stock traded as low as GBX 76 (£1.02) after closing at GBX 76.50 (£1.02) with a volume of 127,438 shares changing hands.

Despite this dip, Berenberg Bank maintained a “buy” rating for Tharisa in a research report on July 25th, setting a target price of GBX 130 (£1.74) for the company’s shares.

Tharisa operates globally, with a focus on mining, processing, and marketing PGM and chrome concentrates. The company is active in South Africa, China, Singapore, Hong Kong, the United States, Australia, Japan, and other international markets.

Investors are advised to monitor future developments regarding Tharisa’s share price and the overall market conditions to make informed investment decisions.

Read More