Tungsten West (LON:TUN – Get Free Report) posted its quarterly earnings data on Thursday. The company reported GBX (12) earnings per share for the quarter, Digital Look Earnings reports. Tungsten West had a positive return on equity of 233.54% and a negative net margin of 1,343.41%.
Tungsten West Stock Performance
Shares of TUN stock opened at GBX 49.16 on Thursday. The company has a market capitalization of £613.42 million, a price-to-earnings ratio of -1.89 and a beta of 0.28. Tungsten West has a 1-year low of GBX 7.50 and a 1-year high of GBX 52.60. The company has a current ratio of 0.06, a quick ratio of 7.04 and a debt-to-equity ratio of -167.64. The stock’s fifty day simple moving average is GBX 38.92 and its 200-day simple moving average is GBX 36.99.
About Tungsten West
The Hemerdon mine is the world’s third largest Tungsten resource. The mine has had over £170m spent on it via the previous operator, with first production expected in 2022 and a mine life of 18.5 years. The Company is focused on rebuilding and restarting the mine to supply two critically important strategic minerals in tungsten and tin both domestically and globally.
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