Empire Metals Limited (LON:EEE – Get Free Report) traded down 4.1% during mid-day trading on Monday . The stock traded as low as GBX 37.95 and last traded at GBX 38.30. Approximately 769,139 shares were traded during trading, a decline of 65% from the average session volume of 2,218,452 shares. The stock had previously closed at GBX 39.95.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 62 price target on shares of Empire Metals in a research note on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Empire Metals currently has a consensus rating of “Buy” and a consensus price target of GBX 62.
View Our Latest Stock Analysis on EEE
Empire Metals Stock Down 4.1%
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.
Further Reading
- Five stocks we like better than Empire Metals
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Empire Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empire Metals and related companies with MarketBeat.com's FREE daily email newsletter.
