Empire Metals (LON:EEE – Get Free Report) had its price objective boosted by stock analysts at Canaccord Genuity Group from GBX 62 to GBX 70 in a report issued on Friday, Digital Look reports. The firm currently has a “speculative buy” rating on the stock. Canaccord Genuity Group‘s price objective would suggest a potential upside of 135.10% from the stock’s previous close.
Empire Metals Stock Performance
Empire Metals stock opened at GBX 29.77 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 20.03 and a current ratio of 37.87. The company has a market capitalization of £219.61 million, a PE ratio of -57.04 and a beta of 2.17. The company has a 50 day moving average price of GBX 38.47 and a 200-day moving average price of GBX 37.39. Empire Metals has a fifty-two week low of GBX 25.63 and a fifty-two week high of GBX 53.
Empire Metals (LON:EEE – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported GBX (0.26) earnings per share (EPS) for the quarter.
About Empire Metals
Empire Metals Ltd (AIM: EEE and OTCQX: EPMLF) is an exploration and resource development company focused on the commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.
Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip.
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