Sovereign Metals Limited (LON:SVML – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 46 ($0.58) and last traded at GBX 45.01 ($0.57), with a volume of 225816 shares traded. The stock had previously closed at GBX 44.70 ($0.57).
Sovereign Metals Trading Up 1.1 %
The firm has a market capitalization of £548.48 million, a P/E ratio of -27.79 and a beta of 0.94. The company has a current ratio of 7.67, a quick ratio of 9.86 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of GBX 39.19 and a two-hundred day moving average of GBX 37.19.
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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