Alien Metals (LON:UFO) Shares Down 5.9% – Here’s What Happened

Alien Metals Limited (LON:UFOGet Free Report) dropped 5.9% during trading on Tuesday . The company traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 58,651,469 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 88,442,344 shares. The stock had previously closed at GBX 0.17 ($0.00).

Alien Metals Trading Down 5.3%

The company has a debt-to-equity ratio of 3.77, a quick ratio of 4.22 and a current ratio of 0.63. The firm has a 50 day simple moving average of GBX 0.19 and a two-hundred day simple moving average of GBX 0.12. The firm has a market capitalization of £14.86 million, a P/E ratio of -715.56 and a beta of 1.01.

Alien Metals Company Profile

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Alien Metals Limited is a mining exploration and development company listed on the AIM market of the London Stock Exchange (AIM: UFO). The Company’s focus is on delivering a profitable direct shipping iron ore operation from it 90% Hancock iron ore project in the central Pilbara region of Western Australia.

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