Neometals Ltd (LON:NMT – Get Free Report)’s share price dropped 5.3% during trading on Wednesday . The company traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 10,183 shares traded hands during trading, a decline of 30% from the average daily volume of 14,520 shares. The stock had previously closed at GBX 4.75 ($0.06).
Neometals Stock Down 5.3 %
The company has a current ratio of 18.83, a quick ratio of 17.13 and a debt-to-equity ratio of 11.27. The company has a market capitalization of £31.05 million, a PE ratio of -150.00 and a beta of 1.44. The business has a fifty day moving average of GBX 4.92 and a 200 day moving average of GBX 4.87.
About Neometals
Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project provides recycling service of batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.
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