Sovereign Metals Limited (LON:SVML – Get Free Report)’s stock price traded down 11.4% on Monday . The stock traded as low as GBX 42.22 ($0.55) and last traded at GBX 42.80 ($0.55). 188,830 shares were traded during trading, an increase of 126% from the average session volume of 83,716 shares. The stock had previously closed at GBX 48.30 ($0.62).
Sovereign Metals Trading Down 11.4 %
The stock has a market capitalization of £510.33 million, a PE ratio of -25.86 and a beta of 0.94. The company has a current ratio of 7.67, a quick ratio of 9.86 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average is GBX 41.55 and its two-hundred day moving average is GBX 38.48.
Sovereign Metals (LON:SVML – Get Free Report) last issued its earnings results on Friday, March 7th. The company reported GBX (3.30) (($0.04)) earnings per share for the quarter.
About Sovereign Metals
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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