Sovereign Metals Limited (LON:SVML – Get Free Report)’s share price fell 2.1% on Tuesday . The stock traded as low as GBX 23.30 ($0.29) and last traded at GBX 23.50 ($0.29). 42,668 shares were traded during trading, a decline of 39% from the average session volume of 70,516 shares. The stock had previously closed at GBX 24 ($0.30).
Analysts Set New Price Targets
Separately, Berenberg Bank restated a “buy” rating and set a GBX 42 ($0.52) target price on shares of Sovereign Metals in a research note on Wednesday, January 31st.
Check Out Our Latest Analysis on SVML
Sovereign Metals Price Performance
Sovereign Metals Company Profile
Sovereign Metals Limited, together with its subsidiaries, engages in the exploration, development, and appraisal of mineral resource projects in Malawi. Its flagship project is the Kasiya rutile deposit in Malawi. Sovereign Metals Limited was incorporated in 2006 and is headquartered in Perth, Australia.
Read More
- Five stocks we like better than Sovereign Metals
- What is Short Interest? How to Use It
- Silicon Motion Proves That AI in Motion Stays in Motion
- Manufacturing Stocks Investing
- Undervalued UnitedHealth Group Won’t Be For Long
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- The 5 Stocks Most Sold By Insiders This Year
Receive News & Ratings for Sovereign Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sovereign Metals and related companies with MarketBeat.com's FREE daily email newsletter.