Alien Metals (LON:UFO) Shares Up 15.8% – What’s Next?

Alien Metals Limited (LON:UFOGet Free Report) shares were up 15.8% on Wednesday . The company traded as high as GBX 0.11 and last traded at GBX 0.11. Approximately 69,564,047 shares were traded during trading, a decline of 17% from the average daily volume of 83,741,289 shares. The stock had previously closed at GBX 0.10.

Alien Metals Trading Up 15.8%

The business’s 50-day simple moving average is GBX 0.16 and its two-hundred day simple moving average is GBX 0.14. The firm has a market capitalization of £10.20 million, a price-to-earnings ratio of -4.68 and a beta of 1.01. The company has a quick ratio of 4.22, a current ratio of 0.63 and a debt-to-equity ratio of 3.77.

Alien Metals Company Profile

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Alien Metals Limited is a mining exploration and development company listed on the AIM market of the London Stock Exchange (AIM: UFO). The Company’s focus is on delivering a profitable direct shipping iron ore operation from it 90% Hancock iron ore project in the central Pilbara region of Western Australia.

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