Sovereign Metals Limited (LON:SVML – Get Free Report)’s share price traded up 3.2% on Friday . The company traded as high as GBX 28.65 and last traded at GBX 28.65. 195,396 shares changed hands during trading, a decline of 61% from the average daily volume of 505,204 shares. The stock had previously closed at GBX 27.75.
Sovereign Metals Stock Up 3.2%
The company has a quick ratio of 9.86, a current ratio of 8.17 and a debt-to-equity ratio of 0.19. The company’s fifty day moving average is GBX 28.61 and its 200-day moving average is GBX 34.71. The company has a market cap of £187.93 million, a PE ratio of -6.07 and a beta of 1.11.
About Sovereign Metals
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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