Shares of Sovereign Metals Limited (LON:SVML - Get Free Report) traded up 2.5% during mid-day trading on Thursday . The company traded as high as GBX 39 ($0.48) and last traded at GBX 38.95 ($0.48). 176,553 shares were traded during trading, an increase of 133% from the average session volume of 75,788 shares. The stock had previously closed at GBX 38 ($0.47).
Sovereign Metals Price Performance
The stock's fifty day simple moving average is GBX 38.42 and its 200-day simple moving average is GBX 36.05. The company has a market capitalization of £231.49 million, a P/E ratio of -1,929.50 and a beta of 0.94.
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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