Cadence Minerals (LON:KDNC) Issues Earnings Results

Cadence Minerals (LON:KDNC) issued its quarterly earnings data on Monday. The company reported GBX (0.53) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX (26) million for the quarter. Cadence Minerals had a net margin of 134.07% and a negative return on equity of 9.71%.

Cadence Minerals Stock Down 3.8%

Shares of KDNC stock traded down GBX 0.25 during trading hours on Monday, hitting GBX 6.35. 323,627 shares of the company were exchanged, compared to its average volume of 1,521,483. The company has a current ratio of 3.30, a quick ratio of 78.09 and a debt-to-equity ratio of 3.52. The company has a market capitalization of £25.98 million, a PE ratio of -11.56 and a beta of 1.78. The business has a 50 day moving average of GBX 6.54 and a two-hundred day moving average of GBX 4.91. Cadence Minerals has a 52 week low of GBX 1.40 and a 52 week high of GBX 8.30.

Cadence Minerals Company Profile

Cadence Minerals Plc identifies, invests in, and develops rare earth assets. It also explores for iron ore, lithium, and other mining related opportunities. The company holds interests in the Sonora Lithium project located in Northern Mexico; and Yangibana project situated in Gascoyne, Western Australia; and the Amapa Iron Ore project located in Brazil. In addition, it holds interest in Evergreen Lithium project situated in Western Australia; and European Metals Holdings project located in Cinovec.