Empire Metals (LON:EEE) Trading 1.4% Higher – Time to Buy?

Empire Metals Limited (LON:EEEGet Free Report) rose 1.4% on Thursday . The stock traded as high as GBX 6.20 ($0.08) and last traded at GBX 6.19 ($0.08). Approximately 50,121 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 3,494,024 shares. The stock had previously closed at GBX 6.10 ($0.08).

Empire Metals Price Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 14.31 and a quick ratio of 20.03. The stock has a market capitalization of £38.39 million, a price-to-earnings ratio of -167.50 and a beta of 1.80. The stock has a 50 day moving average price of GBX 6.87 and a 200-day moving average price of GBX 7.84.

About Empire Metals

(Get Free Report)

Empire Metals Limited engages in the exploration and development of properties in the United Kingdom, Australia, and Austria. The company explores for copper, gold, lithium, titanium, and other minerals. It holds 75% interest in the Eclipse-Gindalbie Project located to the north of Kalgoorlie, Western Australia; 70% interest in the Pitfield Project comprising four granted exploration licenses covering 1,042 square kilometers located in Western Australia; and 70% interest in the Walton project located in Yerilgee greenstone belt near Perth.

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