Shuka Minerals (LON:SKA) Releases Quarterly Earnings Results

Shuka Minerals (LON:SKA) announced its quarterly earnings data on Tuesday. The company reported GBX (1.35) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Shuka Minerals had a negative return on equity of 35.19% and a negative net margin of 86,907.55%.

Shuka Minerals Price Performance

Shares of SKA opened at GBX 2.91 on Tuesday. The business’s 50-day moving average is GBX 2.96 and its 200-day moving average is GBX 3.37. The company has a market capitalization of £2.86 million, a price-to-earnings ratio of -0.99 and a beta of 1.17. Shuka Minerals has a fifty-two week low of GBX 2.50 and a fifty-two week high of GBX 7.

About Shuka Minerals

Shuka Minerals Plc engages in the exploration, development, and mining of energy commodities in Africa. The company primarily explores for coal. Its principal project is the Rukwa project located in Tanzania. Shuka Minerals Plc was formerly known as Edenville Energy Plc and changed its name to Shuka Minerals Plc in August 2023. The company was incorporated in 2004 and is based in Nairobi, Kenya.