Switch Metals (LON:SWT) Announces Quarterly Earnings Results

Switch Metals (LON:SWT – Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX (0.57) EPS for the quarter, Digital Look Earnings reports.

Switch Metals Trading Down 0.9%

Switch Metals stock opened at GBX 5.70 on Thursday. The firm has a market capitalization of £7.49 million and a price-to-earnings ratio of -2.54. The firm’s fifty day moving average price is GBX 7.68 and its two-hundred day moving average price is GBX 10.15. Switch Metals has a 1-year low of GBX 5.50 and a 1-year high of GBX 18.

Insider Activity at Switch Metals

In related news, insider Andrew Yeo sold 733,000 shares of the company’s stock in a transaction on Monday, July 13th. The stock was sold at an average price of GBX 9, for a total transaction of £65,970. 5.19% of the stock is currently owned by company insiders.

Switch Metals Company Profile

(Get Free Report)

Switch Metals PLC (LON:SWT) is a London-listed mineral exploration company focused on the discovery and development of battery and precious metal projects in South America. The company’s core strategy is to advance early-stage licences through systematic exploration, targeting lithium and gold mineralisation in emerging South American mining jurisdictions.

Switch Metals holds a portfolio of exploration licences in Brazil’s Bahia state, including its flagship Pedra Branca Lithium Project.

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