Shares of Sovereign Metals Limited (LON:SVML – Get Free Report) traded down 14.8% during trading on Monday . The company traded as low as GBX 31.20 and last traded at GBX 32. 360,499 shares were traded during trading, a decline of 37% from the average session volume of 570,907 shares. The stock had previously closed at GBX 37.55.
Sovereign Metals Stock Up 0.3%
The company has a debt-to-equity ratio of 0.19, a current ratio of 8.17 and a quick ratio of 9.86. The company has a market capitalization of £228.37 million, a price-to-earnings ratio of -5.33 and a beta of 1.07. The firm’s 50-day simple moving average is GBX 39.96 and its two-hundred day simple moving average is GBX 33.97.
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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