Aterian (LON:ATN) Posts Quarterly Earnings Results

Aterian (LON:ATN) announced its quarterly earnings data on Wednesday. The company reported GBX (3.23) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Aterian had a negative net margin of 1,832.73% and a negative return on equity of 125.18%.

Aterian Stock Performance

Aterian stock traded down GBX 0.20 during midday trading on Friday, reaching GBX 23.30. The stock had a trading volume of 197,869 shares, compared to its average volume of 164,443. The stock’s 50-day simple moving average is GBX 25.88 and its 200 day simple moving average is GBX 25.59. Aterian has a twelve month low of GBX 20 and a twelve month high of GBX 40. The stock has a market capitalization of £4.46 million, a PE ratio of -1.54 and a beta of 0.12.

About Aterian

Aterian plc is an LSE-listed exploration and development company with a diversified African portfolio of critical and strategic metals/minerals projects.

Aterian plc is actively seeking to acquire and develop new critical and strategic metal resources to strengthen its existing asset base whilst supporting ethical and sustainable supply chains as the world transitions to a sustainable, renewable future. The supply of these metals is vital for the development of the renewable energy, automotive and electronic manufacturing sectors that are playing an increasing role in reducing carbon emissions and meeting climate ambitions globally.

The Company recently entered into a joint venture agreement with Rio Tinto Mining and Exploration Limited for Rio Tinto to earn into the HCK project in southern Rwanda and holds two further partnerships in Rwanda exploring and developing lithium-tantalum-niobium-tin mining operations.