Shuka Minerals (LON:SKA) Posts Quarterly Earnings Results

Shuka Minerals (LON:SKA) released its quarterly earnings results on Tuesday. The company reported GBX (1.35) EPS for the quarter, Digital Look Earnings reports. Shuka Minerals had a negative return on equity of 35.19% and a negative net margin of 86,907.55%.

Shuka Minerals Stock Up 0.3%

Shares of SKA opened at GBX 2.91 on Tuesday. The business has a fifty day moving average of GBX 2.96 and a 200 day moving average of GBX 3.37. The company has a market cap of £2.86 million, a PE ratio of -0.99 and a beta of 1.17. Shuka Minerals has a 52-week low of GBX 2.50 and a 52-week high of GBX 7.

About Shuka Minerals

Shuka Minerals Plc engages in the exploration, development, and mining of energy commodities in Africa. The company primarily explores for coal. Its principal project is the Rukwa project located in Tanzania. Shuka Minerals Plc was formerly known as Edenville Energy Plc and changed its name to Shuka Minerals Plc in August 2023. The company was incorporated in 2004 and is based in Nairobi, Kenya.