Sovereign Metals Limited (LON:SVML – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 51 and last traded at GBX 49.60, with a volume of 550210 shares. The stock had previously closed at GBX 45.
Sovereign Metals Stock Up 10.2%
The company has a debt-to-equity ratio of 0.16, a current ratio of 7.12 and a quick ratio of 9.86. The company has a market cap of £320.88 million, a price-to-earnings ratio of -7.49 and a beta of 1.02. The firm has a 50-day moving average price of GBX 36.47 and a 200 day moving average price of GBX 33.32.
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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