Sovereign Metals (LON:SVML) Posts Earnings Results

Sovereign Metals (LON:SVML) released its quarterly earnings results on Friday. The company reported GBX (3.30) (($0.04)) EPS for the quarter, Digital Look Earnings reports.

Sovereign Metals Stock Up 2.3 %

Shares of LON SVML opened at GBX 45 ($0.58) on Friday. The stock has a market capitalization of £536.56 million, a PE ratio of -27.19 and a beta of 0.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.67 and a quick ratio of 9.86. The business’s fifty day moving average price is GBX 39.63 and its 200-day moving average price is GBX 37.36. Sovereign Metals has a one year low of GBX 23 ($0.30) and a one year high of GBX 46 ($0.59).

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.