Neometals Ltd (LON:NMT – Get Free Report) shares reached a new 52-week low 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 changing hands. The stock had previously closed at GBX 4.25 ($0.05).
Neometals Stock Performance
The stock’s 50-day simple moving average is GBX 4.78 and its 200 day simple moving average is GBX 4.81. The company has a debt-to-equity ratio of 11.27, a current ratio of 18.83 and a quick ratio of 17.13. The stock has a market capitalization of £20.63 million, a P/E ratio of -99.70 and a beta of 1.44.
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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