Tungsten West PLC (LON:TUN – Get Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 19 and last traded at GBX 17.50, with a volume of 9213348 shares traded. The stock had previously closed at GBX 15.
Tungsten West Stock Performance
The company’s 50-day simple moving average is GBX 10.99 and its 200-day simple moving average is GBX 10.23. The stock has a market capitalization of £33.32 million, a price-to-earnings ratio of -0.67 and a beta of -0.60. The company has a current ratio of 0.33, a quick ratio of 7.04 and a debt-to-equity ratio of 63.33.
Tungsten West (LON:TUN – Get Free Report) last issued its quarterly earnings results on Wednesday, December 24th. The company reported GBX (21.40) EPS for the quarter. Tungsten West had a negative return on equity of 44.58% and a negative net margin of 1,343.41%.
Insider Activity at Tungsten West
About Tungsten West
Tungsten West Plc is a UK based company focussed on recommencing production at the Hemerdon tungsten and tin mine in Devon, England.
The Hemerdon mine is the world’s third largest Tungsten resource. The mine has had over £170m spent on it via the previous operator, with first production expected in 2022 and a mine life of 18.5 years. The Company is focused on rebuilding and restarting the mine to supply two critically important strategic minerals in tungsten and tin both domestically and globally.
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