Shuka Minerals (LON:SKA) Posts Earnings Results

Shuka Minerals (LON:SKA) announced its quarterly earnings results on Tuesday. The company reported GBX (1.35) earnings per share for the quarter, Digital Look Earnings reports. Shuka Minerals had a negative net margin of 86,907.55% and a negative return on equity of 35.19%.

Shuka Minerals Stock Up 3.3%

LON SKA opened at GBX 2.84 on Wednesday. The company has a 50-day moving average price of GBX 2.97 and a 200-day moving average price of GBX 3.36. The firm has a market capitalization of £2.79 million, a P/E ratio of -0.96 and a beta of 1.17. Shuka Minerals has a 52 week low of GBX 2.50 and a 52 week high of GBX 7.

Shuka Minerals Company Profile

Shuka Minerals Plc engages in the exploration, development, and mining of energy commodities in Africa. The company primarily explores for coal. Its principal project is the Rukwa project located in Tanzania. Shuka Minerals Plc was formerly known as Edenville Energy Plc and changed its name to Shuka Minerals Plc in August 2023. The company was incorporated in 2004 and is based in Nairobi, Kenya.