Sovereign Metals (LON:SVML) Hits New 52-Week Low – Here’s What Happened

Sovereign Metals Limited (LON:SVMLGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 25 and last traded at GBX 25.48, with a volume of 503821 shares trading hands. The stock had previously closed at GBX 25.80.

Sovereign Metals Trading Down 1.2%

The stock has a market capitalization of £164.83 million, a PE ratio of -3.85 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 32.30 and its two-hundred day moving average is GBX 33.53.

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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