Shares of Sovereign Metals Limited (LON:SVML - Get Free Report) fell 1.1% during mid-day trading on Thursday . The stock traded as low as GBX 32.16 ($0.44) and last traded at GBX 32.65 ($0.44). 113,099 shares changed hands during trading, a decline of 45% from the average session volume of 203,808 shares. The stock had previously closed at GBX 33 ($0.45).
Sovereign Metals Trading Up 2.5%
The business's 50-day moving average is GBX 33.04 and its two-hundred day moving average is GBX 37.31. The firm has a market cap of £393.48 million, a P/E ratio of -19.94 and a beta of 0.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.67 and a quick ratio of 9.86.
About Sovereign Metals
(
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Sovereign Metals Limited, together with its subsidiaries, engages in the exploration, development, and appraisal of mineral resource projects in Malawi. Its flagship project is the Kasiya rutile deposit in Malawi. Sovereign Metals Limited was incorporated in 2006 and is headquartered in Perth, Australia.
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