Empire Metals Limited (LON:EEE – Get Free Report) shares were up 12.2% during trading on Friday . The company traded as high as GBX 8.70 ($0.11) and last traded at GBX 8.64 ($0.11). Approximately 3,106,736 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 3,799,045 shares. The stock had previously closed at GBX 7.70 ($0.10).
Empire Metals Trading Up 7.8 %
The company has a quick ratio of 20.03, a current ratio of 4.07 and a debt-to-equity ratio of 0.31. The business’s 50-day simple moving average is GBX 7.47 and its two-hundred day simple moving average is GBX 8.14. The firm has a market capitalization of £49.70 million, a price-to-earnings ratio of -167.50 and a beta of 1.80.
About Empire Metals
Empire Metals Limited engages in the exploration and development of properties in the United Kingdom, Australia, and Austria. The company explores for copper, gold, lithium, titanium, and other minerals. It holds 75% interest in the Eclipse-Gindalbie Project located to the north of Kalgoorlie, Western Australia; 70% interest in the Pitfield Project comprising four granted exploration licenses covering 1,042 square kilometers located in Western Australia; and 70% interest in the Walton project located in Yerilgee greenstone belt near Perth.
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