ASX:SVMMaterialsDiversified Metals & Mining

Sovereign Metals Ltd

Sovereign Metals Limited is an Australia-based company is focused on developing its Kasiya Rutile-Graphite Project (Kasiya) in Malawi.

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-25.4%52-week return
Day Range
— – —
52 Week Range
$0.620 – $0.625
Volume
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Avg Volume (10D)
413.15K
Market Cap
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The company

The business

What Sovereign Metals Ltd does

Sovereign Metals Limited is an Australia-based company is focused on developing its Kasiya Rutile-Graphite Project (Kasiya) in Malawi. Kasiya is located in the Lilongwe District of the Southeastern African country of Malawi. Kasiya’s Mineral Resource Estimate (MRE) is 1.8Bt at 1.0% rutile resulting in over18 Mt tons of contained natural rutile. The MRE has broad zones of very high-grade rutile, which occur contiguously across a very large area of over 200 square kilometers. Kasiya’s graphite by-product Mineral Resource Estimate (MRE) is 1.8 Bt at 1.4% graphite, containing over 24.4 Mt tones of contained natural graphite. The Kasiya Rutile-Graphite deposit is in an area northwest of Malawi’s capital of Lilongwe called the Lilongwe Plain.

Incorporated
AUS
Public since
2007-01-22
Employees
5
Shareholders
3,042
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Share price & key data

Share price

OHLC · volume · moving averages
$0.625+$0.000 (+0.00%)over 6M
Hi$0.625Lo$0.625
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
—
Prev Close
—
Day High
—
Day Low
—
52wk High
$0.625
52wk Low
$0.620

Valuation

Multiples
Market Cap
—
Shares Out
—
Price/Book
8.61

Trading Activity

Volume & book
Volume
—
Value Traded
—
Avg Vol 10D
413.15K

Performance

Total return
1 Day
-0.96%
5 Day
-7.21%
13 Week
-14.17%
52 Week
-25.36%
YTD
-11.21%
Peers & news

Latest news

From the Small Caps desk
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 […]

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 […]

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 […]

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 […]

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