Sovereign Metals Limited (LON:SVML – Get Free Report) reached a new 52-week high on Thursday . The company traded as high as GBX 51 and last traded at GBX 49.60, with a volume of 550210 shares changing hands. The stock had previously closed at GBX 45.
Sovereign Metals Price Performance
The stock has a market cap of £320.88 million, a P/E ratio of -7.49 and a beta of 1.02. The company has a current ratio of 7.12, a quick ratio of 9.86 and a debt-to-equity ratio of 0.16. The business has a 50-day simple moving average of GBX 36.47 and a 200 day simple moving average of GBX 33.32.
Sovereign Metals Company Profile
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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