Sovereign Metals (LON:SVML) Reaches New 1-Year Low – What’s Next?

Sovereign Metals Limited (LON:SVMLGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 25 and last traded at GBX 25.48, with a volume of 503821 shares traded. The stock had previously closed at GBX 25.80.

Sovereign Metals Stock Up 0.8%

The company has a market capitalization of £164.32 million, a PE ratio of -3.84 and a beta of 0.94. The company has a debt-to-equity ratio of 0.35, a quick ratio of 9.86 and a current ratio of 7.67. The company’s 50-day moving average is GBX 32.03 and its 200 day moving average is GBX 33.44.

About Sovereign Metals

(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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