ASX:SVMMaterialsDiversified Metals & Mining

SOVEREIGN METALS ORD

$0.580
$0.020 (3.33%)
Day Range
$0.580 - $0.605
52 Week Range
$0.470 - $0.980
Volume
1.35M
Avg Volume (10D)
980.09K
Market Cap
$375.22M
Price Chart
Market Statistics
Open$0.600
Previous Close$0.600
Day High$0.605
Day Low$0.580
52 Week High$0.980
52 Week Low$0.470
Valuation
Market Cap375.22M
Shares Outstanding646.94M
Price to Book6.89
Trading Activity
Volume1.35M
Value Traded799.37K
Bid$0.580 × 224,339
Ask$0.590 × 6,600
Performance
1 Day-1.67%
5 Day3.51%
13 Week-13.24%
52 Week-20.81%
YTD1.72%
Technical Indicators
RSI (14)53.01
50-Day SMA$0.551
200-Day SMA$0.659
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