Empire Metals (LON:EEE – Free Report) had its price objective upped by Canaccord Genuity Group from GBX 62 to GBX 70 in a research report released on Friday,Digital Look reports. Canaccord Genuity Group currently has a speculative buy rating on the stock.
Empire Metals Stock Down 5.3%
Shares of LON EEE opened at GBX 30.10 on Friday. Empire Metals has a 52-week low of GBX 25.63 and a 52-week high of GBX 53. The stock has a market cap of £222.01 million, a P/E ratio of -57.66 and a beta of 2.17. The firm has a 50 day moving average price of GBX 38.14 and a 200 day moving average price of GBX 37.39. The company has a debt-to-equity ratio of 0.22, a quick ratio of 20.03 and a current ratio of 37.87.
Empire Metals (LON:EEE – Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The company reported GBX (0.26) earnings per share for the quarter.
About Empire Metals
Empire Metals Ltd (AIM: EEE and OTCQX: EPMLF) is an exploration and resource development company focused on the commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.
Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip.
Further Reading
- Five stocks we like better than Empire Metals
- Newmont’s Record Quarter Shows Why Gold’s Floor Is the Real Story
- Albemarle Upgrade: Can Energy Storage Recharge Lithium’s Leader?
- Consumer Staples Are Up 12% This Year—These 3 Beverage Stocks Are Leading the Way
- Can Planet Fitness Get Its Growth Back in Shape?
Receive News & Ratings for Empire Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empire Metals and related companies with MarketBeat.com's FREE daily email newsletter.
