Tungsten West (LON:TUN – Get Free Report) announced its quarterly earnings data on Thursday. The company reported GBX (12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tungsten West had a negative net margin of 1,343.41% and a positive return on equity of 233.54%.
Tungsten West Stock Performance
LON:TUN opened at GBX 48 on Friday. The stock’s 50-day simple moving average is GBX 39.50 and its 200 day simple moving average is GBX 37.20. The firm has a market capitalization of £598.88 million, a PE ratio of -1.85 and a beta of 0.28. The company has a quick ratio of 7.04, a current ratio of 0.06 and a debt-to-equity ratio of -167.64. Tungsten West has a twelve month low of GBX 7.50 and a twelve month high of GBX 52.60.
About Tungsten West
The Hemerdon mine is the world’s third largest Tungsten resource. The mine has had over £170m spent on it via the previous operator, with first production expected in 2022 and a mine life of 18.5 years. The Company is focused on rebuilding and restarting the mine to supply two critically important strategic minerals in tungsten and tin both domestically and globally.
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