Empire Metals (LON:EEE) Stock Price Down 1.7% – Here’s Why

Empire Metals Limited (LON:EEEGet Free Report)’s stock price was down 1.7% on Monday . The company traded as low as GBX 7 ($0.09) and last traded at GBX 7.15 ($0.09). Approximately 1,084,612 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 1,076,658 shares. The stock had previously closed at GBX 7.27 ($0.09).

Empire Metals Stock Performance

The company has a market capitalization of £45.37 million, a P/E ratio of -167.50 and a beta of 1.80. The company’s 50 day moving average is GBX 6.39 and its 200-day moving average is GBX 7.15. The company has a current ratio of 14.31, a quick ratio of 20.03 and a debt-to-equity ratio of 0.12.

Empire Metals Company Profile

(Get Free Report)

Empire Metals is an exploration and resource development company focused on the Pitfield Project in Western Australia, a globally significant titanium project contained within a giant, sediment-hosted, hydrothermal mineral system.

The Company’s strategy is to accelerate project development and value creation at Pitfield, with the objective of establishing a demonstration plant in 2025 ahead of full integrated commercialisation.

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