Switch Metals (LON:SWT – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX (0.57) earnings per share for the quarter, Digital Look Earnings reports.
Switch Metals Stock Up 4.3%
Shares of Switch Metals stock opened at GBX 6 on Wednesday. The stock has a market capitalization of £7.88 million and a price-to-earnings ratio of -2.68. The company has a 50-day simple moving average of GBX 7.74 and a two-hundred day simple moving average of GBX 10.22. Switch Metals has a twelve month low of GBX 5.50 and a twelve month high of GBX 18.
Insider Activity at Switch Metals
In other Switch Metals news, insider Andrew Yeo sold 733,000 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of GBX 9, for a total transaction of £65,970. Insiders own 5.19% of the company’s stock.
Switch Metals Company Profile
Switch Metals PLC (LON:SWT) is a London-listed mineral exploration company focused on the discovery and development of battery and precious metal projects in South America. The company’s core strategy is to advance early-stage licences through systematic exploration, targeting lithium and gold mineralisation in emerging South American mining jurisdictions.
Switch Metals holds a portfolio of exploration licences in Brazil’s Bahia state, including its flagship Pedra Branca Lithium Project.
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