Sovereign Metals (LON:SVML) Trading Up 2.5% – What’s Next?

Sovereign Metals Limited (LON:SVMLGet Free Report)’s share price rose 2.5% during trading on Friday . The stock traded as high as GBX 41 ($0.52) and last traded at GBX 41 ($0.52). Approximately 15,526 shares were traded during trading, a decline of 81% from the average daily volume of 80,830 shares. The stock had previously closed at GBX 40 ($0.50).

Sovereign Metals Stock Performance

The stock has a market capitalization of £488.87 million, a price-to-earnings ratio of -24.77 and a beta of 0.94. The firm has a fifty day moving average of GBX 38.21 and a 200 day moving average of GBX 36.43. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.67 and a quick ratio of 9.86.

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.

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