Sovereign Metals (LON:SVML) Reaches New 12-Month Low – What’s Next?

Sovereign Metals Limited (LON:SVML – Get Free Report) shares reached a new 52-week low during trading on Tuesday. The stock traded as low as GBX 24 and last traded at GBX 24.50, with a volume of 1,569,440 shares trading hands. The stock had previously closed at GBX 25.50.

Sovereign Metals Trading Down 3.9%

The company has a quick ratio of 9.86, a current ratio of 8.24 and a debt-to-equity ratio of 0.15. The business has a fifty day moving average price of GBX 27.29 and a 200 day moving average price of GBX 31.02. The company has a market capitalization of £160.71 million, a P/E ratio of -6.20 and a beta of 1.11.

Sovereign Metals Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Sovereign Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sovereign Metals and related companies with MarketBeat.com's FREE daily email newsletter.