Empire Metals (LON:EEE) Stock Price Up 4.3% – Here’s Why

Empire Metals Limited (LON:EEEGet Free Report)’s share price rose 4.3% during trading on Friday . The company traded as high as GBX 36.50 and last traded at GBX 36. Approximately 1,454,306 shares changed hands during trading, a decline of 35% from the average daily volume of 2,240,279 shares. The stock had previously closed at GBX 34.50.

Empire Metals Stock Performance

The stock has a market cap of £265.52 million, a PE ratio of -69.23 and a beta of 2.19. The company has a quick ratio of 20.03, a current ratio of 15.45 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average of GBX 33.68 and a 200 day moving average of GBX 35.53.

Empire Metals (LON:EEEGet Free Report) last announced its quarterly earnings data on Monday, March 23rd. The company reported GBX (0.52) EPS for the quarter.

About Empire Metals

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Empire Metals Ltd (AIM: EEE and OTCQX: EPMLF) is an exploration and resource development company focused on the commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO? for 113 million tonnes of contained TiO?.

Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip.

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