Switch Metals (LON:SWT) Issues Earnings Results

Switch Metals (LON:SWT – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported GBX (0.57) EPS for the quarter, Digital Look Earnings reports.

Switch Metals Trading Up 4.3%

Shares of SWT opened at GBX 6 on Wednesday. The stock has a market cap of £7.88 million and a PE ratio of -2.68. Switch Metals has a 1 year low of GBX 5.50 and a 1 year high of GBX 18. The stock has a 50 day simple moving average of GBX 7.74 and a 200-day simple moving average of GBX 10.22.

Insider Buying and Selling

In related news, insider Andrew Yeo sold 733,000 shares of the business’s stock in a transaction on Monday, July 13th. The stock was sold at an average price of GBX 9, for a total value of £65,970. 5.19% of the stock is currently owned by corporate insiders.

About Switch Metals

(Get Free Report)

Switch Metals PLC (LON:SWT) is a London-listed mineral exploration company focused on the discovery and development of battery and precious metal projects in South America. The company’s core strategy is to advance early-stage licences through systematic exploration, targeting lithium and gold mineralisation in emerging South American mining jurisdictions.

Switch Metals holds a portfolio of exploration licences in Brazil’s Bahia state, including its flagship Pedra Branca Lithium Project.

Further Reading

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