Sovereign Metals Limited (LON:SVML - Get Free Report) shares were down 11.4% on Monday . The company traded as low as GBX 42.22 ($0.55) and last traded at GBX 42.80 ($0.55). Approximately 188,830 shares were traded during mid-day trading, an increase of 126% from the average daily volume of 83,716 shares. The stock had previously closed at GBX 48.30 ($0.63).
Sovereign Metals Trading Down 0.7 %
The company has a debt-to-equity ratio of 0.35, a quick ratio of 9.86 and a current ratio of 7.67. The company's 50-day moving average price is GBX 42.05 and its 200-day moving average price is GBX 38.67. The firm has a market capitalization of £492.32 million, a PE ratio of -24.95 and a beta of 0.94.
Sovereign Metals (LON:SVML - Get Free Report) last announced its quarterly earnings results on Friday, March 7th. The company reported GBX (3.30) (($0.04)) earnings per share (EPS) for the quarter.
Sovereign Metals Company Profile
(
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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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