Empire Metals (LON:EEE) Posts Quarterly Earnings Results

Key Points

• Empire Metals reported quarterly earnings of GBX (0.23) earnings per share (EPS), reflecting their financial performance for the period.
• The company has a market capitalization of £550.17 million and notable financial ratios, including a P/E ratio of -118,940.30.
• Empire Metals' main focus is on the Pitfield titanium project in Western Australia, identified as a significant discovery with a large geophysical anomaly.

Empire Metals (LON:EEE - Get Free Report) announced its quarterly earnings data on Thursday. The company reported GBX (0.23) earnings per share for the quarter, Digital Look Earnings reports.

Empire Metals Trading Down 2.8%

LON EEE traded down GBX 2 during trading hours on Tuesday, hitting GBX 69. The company's stock had a trading volume of 2,929,469 shares, compared to its average volume of 4,471,417. The stock has a fifty day moving average of GBX 35.67 and a 200 day moving average of GBX 20.85. Empire Metals has a twelve month low of GBX 5.50 and a twelve month high of GBX 84. The firm has a market capitalization of £476.37 million, a P/E ratio of -102,985.07 and a beta of 1.80. The company has a quick ratio of 20.03, a current ratio of 14.31 and a debt-to-equity ratio of 0.12.

Empire Metals Company Profile

Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia. The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep.