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Empire Metals (LON:EEE) Shares Down 6.8% - What's Next?

Empire Metals logo with Basic Materials background

Empire Metals Limited (LON:EEE - Get Free Report)'s share price traded down 6.8% during mid-day trading on Thursday . The stock traded as low as GBX 10.83 ($0.14) and last traded at GBX 11 ($0.14). 2,827,994 shares were traded during trading, a decline of 17% from the average session volume of 3,387,579 shares. The stock had previously closed at GBX 11.80 ($0.15).

Empire Metals Stock Up 9.2 %

The stock's 50-day moving average price is GBX 10.27 and its 200-day moving average price is GBX 8.08. The company has a current ratio of 14.31, a quick ratio of 20.03 and a debt-to-equity ratio of 0.12. The stock has a market cap of £73.88 million, a price-to-earnings ratio of -21.77 and a beta of 1.80.

About Empire Metals

(Get Free Report)

Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia. The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep.

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