Shares of Alien Metals Limited (LON:UFO – Get Free Report) shot up 13.2% on Wednesday. The company traded as high as GBX 0.06 and last traded at GBX 0.06. Approximately 27,403,617 shares were traded during mid-day trading, a decline of 60% from the average session volume of 68,182,258 shares. The stock had previously closed at GBX 0.05.
Alien Metals Price Performance
The stock has a market capitalization of £7.09 million, a P/E ratio of -7.41 and a beta of 1.01. The company has a debt-to-equity ratio of 3.77, a current ratio of 0.63 and a quick ratio of 4.22. The company’s 50-day simple moving average is GBX 0.08 and its 200-day simple moving average is GBX 0.11.
About Alien Metals
Alien Metals Ltd is a mining exploration and development company listed on the AIM market of the London Stock Exchange (AIM: UFO). The Company follows a balanced strategy of advancing and strengthening its asset portfolio through targeted technical work and project development, while evaluating partnerships, joint ventures, and selective monetisation opportunities that are value-enhancing for shareholders. At the same time, Alien will continue to consider opportunities to expand our asset base through carefully selected acquisition opportunities which meet the Board’s prudent criteria.
Alien’s principal focus is the advancement and development of its 90%-owned Hancock Iron Ore Project in the central Pilbara region of Western Australia.
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