Neo Energy Metals (LON:NEO) Announces Quarterly Earnings Results

Neo Energy Metals (LON:NEO) announced its quarterly earnings results on Thursday. The company reported GBX (0.01) earnings per share for the quarter, reports.

Neo Energy Metals Price Performance

Shares of LON:NEO opened at GBX 0.01 on Friday. The firm has a market cap of £150,219.75, a price-to-earnings ratio of 0.02 and a beta of 2.44. Neo Energy Metals has a 12 month low of GBX 0.35 and a 12 month high of GBX 1.84. The company’s fifty day simple moving average is GBX 0.01 and its 200 day simple moving average is GBX 0.01.

Neo Energy Metals Company Profile

Neo Energy Metals plc aims to become an important supplier to the fast-growing uranium sector. Its initial focus is on its Henkries Uranium Project, an advanced, low-cost uranium project in the Northern Cape Province of South Africa with a clear pathway to production. +US$30m of historical work has been undertaken at the Project, culminating in a published feasibility study, which Neo Energy is now focused on updating in tandem with increasing the mineral resources ahead of reaching a development decision towards the end of 2025/early 2026.