Tungsten West (LON:TUN – Get Free Report) released its quarterly earnings results on Thursday. The company reported GBX (12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tungsten West had a positive return on equity of 233.54% and a negative net margin of 1,343.41%.
Tungsten West Stock Performance
Shares of TUN opened at GBX 48 on Friday. Tungsten West has a 12-month low of GBX 7.50 and a 12-month high of GBX 52.60. The stock has a market cap of £598.88 million, a P/E ratio of -1.85 and a beta of 0.28. The company has a current ratio of 0.06, a quick ratio of 7.04 and a debt-to-equity ratio of -167.64. The company has a 50-day moving average of GBX 39.18 and a two-hundred day moving average of GBX 37.12.
About Tungsten West
The Hemerdon mine is the world’s third largest Tungsten resource. The mine has had over £170m spent on it via the previous operator, with first production expected in 2022 and a mine life of 18.5 years. The Company is focused on rebuilding and restarting the mine to supply two critically important strategic minerals in tungsten and tin both domestically and globally.
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