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Empire Metals (LON:EEE) Stock Price Up 7% - Time to Buy?

Empire Metals logo with Basic Materials background

Empire Metals Limited (LON:EEE - Get Free Report)'s stock price rose 7% during trading on Tuesday . The company traded as high as GBX 10 ($0.12) and last traded at GBX 9.52 ($0.12). Approximately 4,274,523 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 2,609,873 shares. The stock had previously closed at GBX 8.90 ($0.11).

Empire Metals Trading Up 7.9 %

The company has a debt-to-equity ratio of 0.12, a quick ratio of 20.03 and a current ratio of 14.31. The stock has a market cap of £60.92 million, a PE ratio of -167.50 and a beta of 1.80. The stock has a fifty day moving average price of GBX 6.78 and a 200 day moving average price of GBX 7.07.

Empire Metals Company Profile

(Get Free Report)

Empire Metals is an exploration and resource development company focused on the Pitfield Project in Western Australia, a globally significant titanium project contained within a giant, sediment-hosted, hydrothermal mineral system. The Company's strategy is to accelerate project development and value creation at Pitfield, with the objective of establishing a demonstration plant in 2025 ahead of full integrated commercialisation.

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