Sovereign Metals Limited (LON:SVML - Get Free Report) shares rose 9.4% on Tuesday . The stock traded as high as GBX 39.40 ($0.54) and last traded at GBX 39.40 ($0.54). Approximately 305,098 shares changed hands during mid-day trading, an increase of 48% from the average daily volume of 206,204 shares. The stock had previously closed at GBX 36 ($0.49).
Sovereign Metals Price Performance
The stock has a market cap of £417.33 million, a PE ratio of -21.15 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. The firm's 50 day moving average price is GBX 33.52 and its two-hundred day moving average price is GBX 36.79.
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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