Fulcrum Metals (LON:FMET) Issues Quarterly Earnings Results

Fulcrum Metals (LON:FMET) released its quarterly earnings results on Thursday. The company reported GBX (0.66) EPS for the quarter, Digital Look Earnings reports.

Fulcrum Metals Trading Up 5.2%

Shares of FMET opened at GBX 8.15 on Thursday. The company’s 50 day simple moving average is GBX 8.70 and its 200-day simple moving average is GBX 8.44. The firm has a market cap of £12.48 million, a PE ratio of -4.53 and a beta of 1.12. Fulcrum Metals has a 12-month low of GBX 3.10 and a 12-month high of GBX 14.

Fulcrum Metals Company Profile

Fulcrum Metals PLC (AIM: FMET) is an AIM listed technology led natural resources company focused on recovery of precious metals from mine tailings (previously milled and processed ore) in Canada using environmentally friendly leaching technology developed by Extrakt Process Solutions LLC and its associates (together “Extrakt”). The Company’s initial projects are the mine waste sites of former significant producing Teck-Hughes and Sylvanite gold mines in Kirkland Lake, Ontario. The Company also has interests in a portfolio of highly prospective mineral exploration and development projects in Ontario and Saskatchewan in Canada.

Fulcrum is in advanced discussions with Extrakt to acquire exclusive licenced use of their proven leaching technology on gold mine waste sites over the mining districts of Timmins and Kirkland Lake.