Wolfram Resources (LON:WFR) Announces Quarterly Earnings Results

Wolfram Resources (LON:WFR – Get Free Report) issued its quarterly earnings data on Friday. The company reported GBX (0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Wolfram Resources Stock Up 14.3%

Shares of Wolfram Resources stock traded up GBX 0.25 during trading hours on Friday, hitting GBX 2. The company’s stock had a trading volume of 39,807 shares. The company has a market capitalization of £1.64 million and a P/E ratio of -4.35. The stock has a 50 day simple moving average of GBX 1.62. Wolfram Resources has a 12 month low of GBX 0.90 and a 12 month high of GBX 2.

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Wolfram Resources (LON:WFR) is a mineral exploration and development company focused on advancing projects that target tungsten (wolfram) and related hard-rock commodities. The company’s activities are centered on exploration, resource definition, metallurgical test work and early-stage development work intended to move prospects toward potential production. Its business model emphasizes creating value through systematic drilling programs, geological evaluation and technical studies to define economically recoverable mineral resources.

The company’s work typically encompasses licence management, field exploration, environmental and permitting engagement, and collaboration with technical and commercial partners to de-risk projects.

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