Sovereign Metals (LON:SVML) Releases Quarterly Earnings Results

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

Sovereign Metals Stock Performance

LON SVML opened at GBX 45 ($0.58) on Friday. Sovereign Metals has a 1-year low of GBX 23 ($0.30) and a 1-year high of GBX 46 ($0.59). The company has a market capitalization of £536.56 million, a P/E ratio of -27.19 and a beta of 0.94. The business has a 50 day moving average price of GBX 39.81 and a 200 day moving average price of GBX 37.48. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.67 and a quick ratio of 9.86.

About Sovereign Metals

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.