Sovereign Metals Limited (LON:SVML - Get Free Report)'s stock price shot up 9.4% during mid-day trading on Tuesday . The company traded as high as GBX 39.40 ($0.53) and last traded at GBX 39.40 ($0.53). 305,098 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 206,204 shares. The stock had previously closed at GBX 36 ($0.49).
Sovereign Metals Trading Up 2.0%
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 business has a 50-day moving average of GBX 33.60 and a 200-day moving average of GBX 36.77. The firm has a market cap of £425.67 million, a price-to-earnings ratio of -21.57 and a beta of 0.94.
About Sovereign Metals
(
Get Free Report)
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.
Featured Stories
Before you consider Sovereign Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sovereign Metals wasn't on the list.
While Sovereign Metals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access