Fulcrum Metals (LON:FMET) Posts Earnings Results

Fulcrum Metals (LON:FMET) issued its quarterly earnings data on Monday. The company reported GBX (0.45) EPS for the quarter, Digital Look Earnings reports.

Fulcrum Metals Stock Up 3.6%

FMET opened at GBX 7.25 on Tuesday. Fulcrum Metals has a 52 week low of GBX 5.50 and a 52 week high of GBX 14. The business has a fifty day simple moving average of GBX 7.49 and a 200-day simple moving average of GBX 8.42. The firm has a market cap of £11.31 million, a P/E ratio of -11.02 and a beta of 1.15.

About Fulcrum Metals

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.