Sovereign Metals Limited (LON:SVML – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 46 ($0.58) and last traded at GBX 45.01 ($0.57), with a volume of 225816 shares trading hands. The stock had previously closed at GBX 44.70 ($0.57).
Sovereign Metals Stock Up 1.1 %
The stock’s 50-day moving average is GBX 39.19 and its 200-day moving average is GBX 37.19. The company has a market cap of £548.48 million, a price-to-earnings ratio of -27.79 and a beta of 0.94. The company has a current ratio of 7.67, a quick ratio of 9.86 and a debt-to-equity ratio of 0.35.
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.
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