Tungsten West (LON:TUN – Get Free Report) issued its earnings results on Thursday. The company reported GBX (12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tungsten West had a negative net margin of 1,343.41% and a negative return on equity of 44.58%.
Tungsten West Price Performance
TUN stock opened at GBX 11 on Thursday. The company has a current ratio of 0.33, a quick ratio of 7.04 and a debt-to-equity ratio of 63.33. Tungsten West has a 1 year low of GBX 2 and a 1 year high of GBX 15. The company has a fifty day simple moving average of GBX 9.97 and a 200 day simple moving average of GBX 6.39. The firm has a market cap of £20.76 million, a PE ratio of -155.76 and a beta of -0.60.
Tungsten West Company Profile
The Hemerdon mine is the world’s third largest Tungsten resource. The mine has had over £170m spent on it via the previous operator, with first production expected in 2022 and a mine life of 18.5 years.
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