Fulcrum Metals (LON:FMET) Releases Quarterly Earnings Results

Fulcrum Metals (LON:FMET) issued its earnings results on Thursday. The company reported GBX (0.66) earnings per share for the quarter, Digital Look Earnings reports.

Fulcrum Metals Stock Down 4.3%

Shares of FMET opened at GBX 7.78 on Friday. The stock has a fifty day simple moving average of GBX 8.69 and a two-hundred day simple moving average of GBX 8.45. The company has a market capitalization of £11.91 million, a PE ratio of -4.32 and a beta of 1.12. Fulcrum Metals has a 52-week low of GBX 3.10 and a 52-week high of GBX 14.

About Fulcrum Metals

Fulcrum Metals PLC (AIM: FMET) is an AIM listed technology led natural resources company focused on recovery of precious metals from mine tailings (previously milled and processed ore) in Canada using environmentally friendly leaching technology developed by Extrakt Process Solutions LLC and its associates (together “Extrakt”). The Company’s initial projects are the mine waste sites of former significant producing Teck-Hughes and Sylvanite gold mines in Kirkland Lake, Ontario. The Company also has interests in a portfolio of highly prospective mineral exploration and development projects in Ontario and Saskatchewan in Canada.

Fulcrum is in advanced discussions with Extrakt to acquire exclusive licenced use of their proven leaching technology on gold mine waste sites over the mining districts of Timmins and Kirkland Lake.