Alien Metals (LON:UFO) Trading Up 11.8% – Time to Buy?

Alien Metals Limited (LON:UFOGet Free Report) shares rose 11.8% on Wednesday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 151,259,047 shares changed hands during trading, an increase of 233% from the average daily volume of 45,381,422 shares. The stock had previously closed at GBX 0.11 ($0.00).

Alien Metals Stock Up 1.6 %

The firm has a market cap of £9.39 million, a price-to-earnings ratio of -4.85 and a beta of 1.01. The firm’s 50 day moving average price is GBX 0.12 and its two-hundred day moving average price is GBX 0.14. The company has a debt-to-equity ratio of 3.77, a current ratio of 0.63 and a quick ratio of 4.22.

About Alien Metals

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Alien Metals Limited, together with its subsidiaries, engages in the acquisition and development of mineral resource properties. The company explores for iron ore, silver, and platinum group metal deposits. Its flagship project is the 90% owned Hancock Iron Ore project located in Western Australia. The company was formerly known as Arian Silver Corporation and changed its name to Alien Metals Limited in October 2018.

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