ASX:SVMMaterialsDiversified Metals & Mining

SOVEREIGN METALS ORD

$0.715
+$0.015 (+2.14%)
Day Range
$0.680 - $0.720
52 Week Range
$0.470 - $0.980
Volume
962.13K
Avg Volume (10D)
2.38M
Market Cap
$462.56M
Price Chart
Market Statistics
Open$0.700
Previous Close$0.700
Day High$0.720
Day Low$0.680
52 Week High$0.980
52 Week Low$0.470
Valuation
Market Cap462.56M
Shares Outstanding646.94M
Price to Book8.18
Trading Activity
Volume962.13K
Value Traded671.69K
Bid$0.710 × 11,181
Ask$0.715 × 7,681
Performance
1 Day-4.11%
5 Day-5.41%
13 Week11.11%
52 Week-9.68%
YTD20.69%
Technical Indicators
RSI (14)62.64
50-Day SMA$0.580
200-Day SMA$0.658
Latest News
Sovereign Metals Delivers Exceptional First-Year Results from Kasiya Land Rehabilitation Program
Mining & Resources

Sovereign Metals Delivers Exceptional First-Year Results from Kasiya Land Rehabilitation Program

Sovereign Metals (ASX: SVM) has reported outstanding results from first-year rehabilitation trials at its Kasiya rutile-graphite project in Malawi. The trials demonstrated maize yields five times higher than regional averages, validating the company’s progressive land rehabilitation model. Management said the outcomes provide critical empirical data to de-risk the Definitive Feasibility Study and strengthen the project’s […]

2 min read
Nik Hill
Nik Hill
Sovereign Metals steps on the accelerator at Kasiya graphite development
Mining & Resources

Sovereign Metals steps on the accelerator at Kasiya graphite development

Sovereign Metals (ASX: SVM) has stepped up key activities at its world-class Kasiya project in Malawi as it prepares to demonstrate the commercial viability of its graphite product to the world. Backed by strategic development partner Rio Tinto (ASX: RIO) and a highly supportive local government, Sovereign is fast-tracking a number of aspects in its […]

2 min read
Colin Hay
Colin Hay
Sovereign Metals advances world-class Kasiya rutile-graphite project
Mining & Resources

Sovereign Metals advances world-class Kasiya rutile-graphite project

Sovereign Metals (ASX: SVM) has completed a company-changing quarter with major breakthroughs in its progression of the world-class Kasiya project in Malawi. The company’s two headline achievements in the reporting period included completing a pre-feasibility study (PFS) which confirmed Kasiya’s market leading potential for producing two highly sought after critical metals and receiving a $40.6 […]

3 min read
Colin Hay
Colin Hay
Sovereign Metals appoints new CEO, advances massive rutile-graphite project with Rio Tinto
Mining & Resources

Sovereign Metals appoints new CEO, advances massive rutile-graphite project with Rio Tinto

Experienced Africa-based mining executive Frank Eager has been promoted to chief executive officer at Sovereign Metals (ASX: SVM) as the company moves forward with its massive Kasiya rutile-graphite project in the southern African state of Malawi. This comes on the heels of the decision in July by Rio Tinto (ASX: RIO) to back what is […]

2 min read
Robin Bromby
Robin Bromby