Sovereign Metals (LON:SVML) Reaches New 52-Week Low – Here’s What Happened

Sovereign Metals Limited (LON:SVML – Get Free Report)’s stock price hit a new 52-week low on Tuesday. The company traded as low as GBX 24 and last traded at GBX 24.50, with a volume of 1,569,440 shares trading hands. The stock had previously closed at GBX 25.50.

Sovereign Metals Stock Performance

The company has a quick ratio of 9.86, a current ratio of 8.24 and a debt-to-equity ratio of 0.15. The stock has a market cap of £160.71 million, a price-to-earnings ratio of -6.20 and a beta of 1.11. The stock’s fifty day moving average is GBX 27.29 and its 200-day moving average is GBX 31.02.

Sovereign Metals Company Profile

(Get Free Report)

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.

Further Reading

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