Neometals (LON:NMT) Stock Price Up 5.3% – Time to Buy?

Neometals Ltd (LON:NMTGet Free Report)’s share price rose 5.3% during trading on Tuesday . The stock traded as high as GBX 5 ($0.06) and last traded at GBX 5 ($0.06). Approximately 928 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 14,596 shares. The stock had previously closed at GBX 4.75 ($0.06).

Neometals Price Performance

The company has a 50 day moving average of GBX 4.99 and a 200 day moving average of GBX 4.98. The company has a quick ratio of 17.13, a current ratio of 18.83 and a debt-to-equity ratio of 11.27. The stock has a market capitalization of £32.77 million, a price-to-earnings ratio of -161.67 and a beta of 1.44.

About Neometals

(Get Free Report)

Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project provides recycling service of batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

See Also

Receive News & Ratings for Neometals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neometals and related companies with MarketBeat.com's FREE daily email newsletter.