Shares of Empire Metals Limited (LON:EEE – Get Free Report) traded down 8.2% on Friday . The company traded as low as GBX 63.05 ($0.85) and last traded at GBX 65 ($0.87). 19,785,803 shares changed hands during trading, an increase of 362% from the average session volume of 4,283,268 shares. The stock had previously closed at GBX 70.80 ($0.95).
Empire Metals Trading Up 5.6%
The firm has a market capitalization of £474.09 million, a price-to-earnings ratio of -102,492.54 and a beta of 1.80. The business has a 50-day moving average of GBX 33.90 and a two-hundred day moving average of GBX 19.86. The company has a quick ratio of 20.03, a current ratio of 14.31 and a debt-to-equity ratio of 0.12.
Empire Metals (LON:EEE – Get Free Report) last released its earnings results on Thursday, September 4th. The company reported GBX (0.23) earnings per share for the quarter.
About Empire Metals
Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep.
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