Cadence Minerals (LON:KDNC) Releases Earnings Results

Cadence Minerals (LON:KDNC) released its quarterly earnings data on Monday. The company reported GBX (0.53) EPS for the quarter, Digital Look Earnings reports. Cadence Minerals had a negative return on equity of 9.71% and a net margin of 134.07%.The business had revenue of GBX (26) million during the quarter.

Cadence Minerals Stock Performance

LON:KDNC opened at GBX 5.50 on Wednesday. The company has a debt-to-equity ratio of 3.52, a quick ratio of 78.09 and a current ratio of 3.30. Cadence Minerals has a 52-week low of GBX 1.40 and a 52-week high of GBX 8.30. The firm has a market cap of £22.51 million, a price-to-earnings ratio of -10.02 and a beta of 1.78. The business’s fifty day moving average is GBX 6.57 and its 200 day moving average is GBX 4.94.

Cadence Minerals Company Profile

Cadence Minerals Plc identifies, invests in, and develops rare earth assets. It also explores for iron ore, lithium, and other mining related opportunities. The company holds interests in the Sonora Lithium project located in Northern Mexico; and Yangibana project situated in Gascoyne, Western Australia; and the Amapa Iron Ore project located in Brazil. In addition, it holds interest in Evergreen Lithium project situated in Western Australia; and European Metals Holdings project located in Cinovec.