Switch Metals (LON:SWT) Announces Quarterly Earnings Results

Switch Metals (LON:SWT – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported GBX (0.57) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Switch Metals Price Performance

Shares of LON:SWT opened at GBX 6 on Wednesday. Switch Metals has a one year low of GBX 5.50 and a one year high of GBX 18. The stock has a market cap of £7.88 million and a price-to-earnings ratio of -2.68. The company has a 50 day moving average of GBX 7.74 and a 200-day moving average of GBX 10.22.

Insider Activity

In other news, insider Andrew Yeo sold 733,000 shares of the firm’s stock in a transaction on Monday, July 13th. The stock was sold at an average price of GBX 9, for a total value of £65,970. 5.19% of the stock is owned by corporate insiders.

Switch Metals Company Profile

(Get Free Report)

Switch Metals PLC (LON:SWT) is a London-listed mineral exploration company focused on the discovery and development of battery and precious metal projects in South America. The company’s core strategy is to advance early-stage licences through systematic exploration, targeting lithium and gold mineralisation in emerging South American mining jurisdictions.

Switch Metals holds a portfolio of exploration licences in Brazil’s Bahia state, including its flagship Pedra Branca Lithium Project.

Further Reading

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