Empire Metals (LON:EEE – Get Free Report) released its quarterly earnings data on Monday. The company reported GBX (0.52) earnings per share for the quarter, Digital Look Earnings reports.
Empire Metals Stock Down 0.5%
EEE stock opened at GBX 29.85 on Wednesday. Empire Metals has a one year low of GBX 9.44 and a one year high of GBX 84. The firm has a market cap of £212.21 million, a PE ratio of -307.74 and a beta of 2.35. The firm’s 50 day moving average price is GBX 35.99 and its 200-day moving average price is GBX 39.87. The company has a debt-to-equity ratio of 0.05, a quick ratio of 20.03 and a current ratio of 22.12.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 62 price target on shares of Empire Metals in a report on Friday, January 9th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Empire Metals presently has a consensus rating of “Buy” and an average price target of GBX 62.
About Empire Metals
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% TiO₂ for 113 million tonnes of contained TiO₂.
Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip.
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