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Sovereign Metals (LON:SVML) Announces Quarterly Earnings Results

Sovereign Metals logo with Basic Materials background
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Sovereign Metals (LON:SVML - Get Free Report) announced its earnings results on Friday. The company reported GBX (3.30) (($0.04)) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Sovereign Metals Price Performance

Sovereign Metals stock traded down GBX 3.20 ($0.04) during mid-day trading on Tuesday, reaching GBX 42.80 ($0.55). 71,683 shares of the company were exchanged, compared to its average volume of 85,329. The firm has a market cap of £510.33 million, a PE ratio of -25.86 and a beta of 0.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.67 and a quick ratio of 9.86. The company has a fifty day simple moving average of GBX 40 and a 200-day simple moving average of GBX 37.62. Sovereign Metals has a 12 month low of GBX 23.20 ($0.30) and a 12 month high of GBX 47 ($0.61).

Sovereign Metals Company Profile

(Get Free Report)

Sovereign Metals Limited, together with its subsidiaries, engages in the exploration, development, and appraisal of mineral resource projects in Malawi. Its flagship project is the Kasiya rutile deposit in Malawi. Sovereign Metals Limited was incorporated in 2006 and is headquartered in Perth, Australia.

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