Highlights
ASX: SVM       SOVEREIGN METALS LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.089   -0.001 (1.11%)  0.089 - 0.09  362,000

Overview

 
Avg Volume (4 weeks):320,248
4 Weeks Range:0.089 - 0.10
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:0.063 - 0.14
52 Weeks Price Volatility (%):
33.77%
Average Price Target:-

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Business Background

Sovereign Metals Limited is engaged in the mineral exploration, identification and appraisal of resource projects. The Company's segments include exploration in Queensland, Australia (Tate River Project and the Carpentaria Joint Venture) and Malawi (Central Malawi Graphite Project). The Company is focused on exploration and development of the Central Malawi Graphite Project located in Malawi, near the capital city, Lilongwe. Its projects in Queensland, Australia include Mt Marathon, Mt Avarice, Fountain Range, Corella River and Saint Andrews Extended. It also controls approximately 3,790 square kilometers tenement package in central Malawi that contains a number of other flake graphite prospects. These include the Malingunde deposit, which is hosted in saprolite (clay). Its graphite project is Duwi Flake Graphite Project, which is located within its exclusive prospecting license (EPL) 0372 in Malawi, near the capital city of Lilongwe.

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