ASX:SVMMaterialsDiversified Metals & Mining

SOVEREIGN METALS ORD

$0.540
+$0.050 (+10.20%)
Day Range
$0.520 - $0.550
52 Week Range
$0.470 - $0.980
Volume
1.85M
Avg Volume (10D)
929.53K
Market Cap
$349.35M
Price Chart
Market Statistics
Open$0.540
Previous Close$0.490
Day High$0.550
Day Low$0.520
52 Week High$0.980
52 Week Low$0.470
Valuation
Market Cap349.35M
Shares Outstanding646.94M
Price to Book5.66
Trading Activity
Volume1.85M
Value Traded982.00K
Bid$0.540 × 20,000
Ask$0.545 × 25,000
Performance
1 Day1.04%
5 Day-8.49%
13 Week-25.95%
52 Week-37.82%
YTD-34.46%
Technical Indicators
RSI (14)52.69
50-Day SMA$0.590
200-Day SMA$0.685
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