Neometals (LON:NMT) Hits New 12-Month Low – What’s Next?

Neometals Ltd (LON:NMTGet Free Report)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as GBX 2.60 ($0.03) and last traded at GBX 2.99 ($0.04), with a volume of 49813 shares. The stock had previously closed at GBX 4.25 ($0.05).

Neometals Stock Performance

The company’s 50-day moving average price is GBX 4.75 and its two-hundred day moving average price is GBX 4.78. The stock has a market cap of £20.63 million, a PE ratio of -99.70 and a beta of 1.44. The company has a debt-to-equity ratio of 11.27, a quick ratio of 17.13 and a current ratio of 18.83.

About Neometals

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Neometals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neometals and related companies with MarketBeat.com's FREE daily email newsletter.