Fulcrum Metals (LON:FMET) Posts Earnings Results

Fulcrum Metals (LON:FMET) announced its quarterly earnings results on Thursday. The company reported GBX (0.66) EPS for the quarter, Digital Look Earnings reports.

Fulcrum Metals Price Performance

LON FMET opened at GBX 8.15 on Thursday. The firm’s fifty day moving average price is GBX 8.70 and its 200 day moving average price is GBX 8.44. Fulcrum Metals has a 12 month low of GBX 3.10 and a 12 month high of GBX 14. The company has a market capitalization of £12.48 million, a price-to-earnings ratio of -4.53 and a beta of 1.12.

About Fulcrum Metals

Fulcrum Metals PLC (AIM: FMET) is an AIM listed technology led natural resources company focused on recovery of precious metals from mine tailings (previously milled and processed ore) in Canada using environmentally friendly leaching technology developed by Extrakt Process Solutions LLC and its associates (together “Extrakt”). The Company’s initial projects are the mine waste sites of former significant producing Teck-Hughes and Sylvanite gold mines in Kirkland Lake, Ontario. The Company also has interests in a portfolio of highly prospective mineral exploration and development projects in Ontario and Saskatchewan in Canada.

Fulcrum is in advanced discussions with Extrakt to acquire exclusive licenced use of their proven leaching technology on gold mine waste sites over the mining districts of Timmins and Kirkland Lake.