Alien Metals Limited (LON:UFO – Get Free Report)’s stock price fell 16.4% during mid-day trading on Wednesday . The company traded as low as GBX 0.08 and last traded at GBX 0.09. 125,515,164 shares were traded during mid-day trading, an increase of 39% from the average session volume of 90,335,969 shares. The stock had previously closed at GBX 0.11.
Alien Metals Stock Down 3.2%
The firm has a fifty day simple moving average of GBX 0.12 and a 200-day simple moving average of GBX 0.14. The company has a market capitalization of £10.79 million, a P/E ratio of -11.36 and a beta of 1.01. The company has a quick ratio of 4.22, a current ratio of 0.63 and a debt-to-equity ratio of 3.77.
About Alien Metals
Alien Metals Ltd is a mining exploration and development company listed on the AIM market of the London Stock Exchange (AIM: UFO). The Company follows a balanced strategy of advancing and strengthening its asset portfolio through targeted technical work and project development, while evaluating partnerships, joint ventures, and selective monetisation opportunities that are value-enhancing for shareholders. At the same time, Alien will continue to consider opportunities to expand our asset base through carefully selected acquisition opportunities which meet the Board’s prudent criteria.
Alien’s principal focus is the advancement and development of its 90%-owned Hancock Iron Ore Project in the central Pilbara region of Western Australia.
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