Tungsten West (LON:TUN) Releases Earnings Results

Tungsten West (LON:TUNGet Free Report) announced its earnings results on Thursday. The company reported GBX (12) EPS for the quarter, Digital Look Earnings reports. Tungsten West had a negative net margin of 1,343.41% and a positive return on equity of 233.54%.

Tungsten West Trading Down 3.1%

Shares of Tungsten West stock opened at GBX 47 on Friday. The company has a debt-to-equity ratio of -167.64, a quick ratio of 7.04 and a current ratio of 0.06. The company has a market capitalization of £586.41 million, a P/E ratio of -1.81 and a beta of 0.28. Tungsten West has a 1 year low of GBX 7.50 and a 1 year high of GBX 52.60. The company’s fifty day moving average is GBX 39.18 and its two-hundred day moving average is GBX 37.12.

Tungsten West Company Profile

(Get Free Report)

Tungsten West Plc is a UK based company focussed on recommencing production at the Hemerdon tungsten and tin mine in Devon, England.

The Hemerdon mine is the world’s third largest Tungsten resource. The mine has had over £170m spent on it via the previous operator, with first production expected in 2022 and a mine life of 18.5 years. The Company is focused on rebuilding and restarting the mine to supply two critically important strategic minerals in tungsten and tin both domestically and globally.

Read More

Receive News & Ratings for Tungsten West Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tungsten West and related companies with MarketBeat.com's FREE daily email newsletter.