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Empire Metals (LON:EEE) Trading 14.3% Higher - What's Next?

Empire Metals logo with Basic Materials background

Empire Metals Limited (LON:EEE - Get Free Report) shares shot up 14.3% during trading on Monday . The company traded as high as GBX 36 ($0.48) and last traded at GBX 34.30 ($0.46). 2,426,508 shares were traded during mid-day trading, a decline of 35% from the average session volume of 3,713,722 shares. The stock had previously closed at GBX 30 ($0.40).

Empire Metals Stock Down 0.1%

The company has a debt-to-equity ratio of 0.12, a quick ratio of 20.03 and a current ratio of 14.31. The stock has a 50 day moving average price of GBX 28 and a 200 day moving average price of GBX 16.80. The company has a market cap of £249.22 million, a P/E ratio of -73.42 and a beta of 1.80.

Empire Metals (LON:EEE - Get Free Report) last announced its earnings results on Friday, June 6th. The company reported GBX (0.67) 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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