Sovereign Metals (LON:SVML) Hits New 12-Month Low – Here’s Why

Sovereign Metals Limited (LON:SVML – Get Free Report)’s stock price reached a new 52-week low during trading on Monday. The company traded as low as GBX 21.50 and last traded at GBX 22, with a volume of 415,566 shares trading hands. The stock had previously closed at GBX 21.75.

Sovereign Metals Trading Up 1.1%

The company has a 50 day moving average of GBX 26.16 and a two-hundred day moving average of GBX 32.65. The company has a debt-to-equity ratio of 0.15, a quick ratio of 9.86 and a current ratio of 8.24. The stock has a market capitalization of £144.31 million, a PE ratio of -5.57 and a beta of 1.11.

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.

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