Sovereign Metals Limited (LON:SVML – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 45 ($0.57) and last traded at GBX 45 ($0.57), with a volume of 59294 shares changing hands. The stock had previously closed at GBX 42 ($0.53).
Sovereign Metals Stock Performance
The firm has a market cap of £525.83 million, a PE ratio of -26.65 and a beta of 0.94. The company has a quick ratio of 9.86, a current ratio of 7.67 and a debt-to-equity ratio of 0.35. The business has a 50 day simple moving average of GBX 38.53 and a two-hundred day simple moving average of GBX 36.86.
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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