Sovereign Metals (LON:SVML) Posts Earnings Results

Sovereign Metals (LON:SVML) announced its quarterly earnings data on Friday. The company reported GBX (3.30) (($0.04)) EPS for the quarter, Digital Look Earnings reports.

Sovereign Metals Price Performance

Shares of LON:SVML opened at GBX 45 ($0.58) on Friday. The company has a market cap of £536.56 million, a P/E ratio of -27.19 and a beta of 0.94. The company has a quick ratio of 9.86, a current ratio of 7.67 and a debt-to-equity ratio of 0.35. Sovereign Metals has a 52 week low of GBX 23 ($0.30) and a 52 week high of GBX 46 ($0.59). The business has a fifty day simple moving average of GBX 39.81 and a 200-day simple moving average of GBX 37.48.

Sovereign Metals Company Profile

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.