Sovereign Metals (LON:SVML) Hits New 1-Year Low – Here’s What Happened

Sovereign Metals Limited (LON:SVML – Get Free Report)’s share price reached a new 52-week low on Tuesday. The company traded as low as GBX 21.50 and last traded at GBX 22.10, with a volume of 687,863 shares. The stock had previously closed at GBX 23.

Sovereign Metals Stock Down 3.9%

The company has a market capitalization of £144.95 million, a P/E ratio of -5.59 and a beta of 1.11. The company has a debt-to-equity ratio of 0.15, a current ratio of 8.24 and a quick ratio of 9.86. The company has a 50 day moving average of GBX 26.72 and a 200-day moving average of GBX 32.84.

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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