Empire Metals Limited (LON:EEE – Get Free Report) dropped 6.8% on Thursday . The company traded as low as GBX 10.83 ($0.14) and last traded at GBX 11 ($0.14). Approximately 2,827,994 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 3,387,579 shares. The stock had previously closed at GBX 11.80 ($0.15).
Empire Metals Trading Down 4.3 %
The firm has a fifty day moving average price of GBX 10.18 and a 200-day moving average price of GBX 8. The company has a market capitalization of £69.12 million, a P/E ratio of -20.36 and a beta of 1.80. The company has a debt-to-equity ratio of 0.12, a current ratio of 14.31 and a quick ratio of 20.03.
About Empire Metals
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep.
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