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Empire Metals (LON:EEE) Shares Up 10.1% - What's Next?

Empire Metals logo with Basic Materials background

Empire Metals Limited (LON:EEE - Get Free Report) shot up 10.1% during trading on Friday . The stock traded as high as GBX 30 ($0.40) and last traded at GBX 30 ($0.40). 5,004,482 shares were traded during trading, an increase of 28% from the average session volume of 3,895,939 shares. The stock had previously closed at GBX 27.25 ($0.37).

Empire Metals Price Performance

The company has a market capitalization of £197.01 million, a P/E ratio of -58.04 and a beta of 1.80. The company has a 50 day moving average price of GBX 17.64 and a 200 day moving average price of GBX 12.37. The company has a current ratio of 14.31, a quick ratio of 20.03 and a debt-to-equity ratio of 0.12.

Empire Metals (LON:EEE - Get Free Report) last issued its earnings results on Friday, June 6th. The company reported GBX (0.67) (($0.01)) earnings per share (EPS) for the quarter.

About Empire Metals

(Get Free Report)

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.

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