Aterian (LON:ATN) Announces Quarterly Earnings Results

by · The Markets Daily

Aterian (LON:ATN – Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX (3.23) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Aterian had a negative return on equity of 125.18% and a negative net margin of 1,832.73%.

Aterian Price Performance

LON:ATN opened at GBX 23.90 on Friday. Aterian has a 1-year low of GBX 20 and a 1-year high of GBX 40. The firm’s fifty day moving average price is GBX 25.93 and its 200 day moving average price is GBX 25.61. The firm has a market cap of £4.57 million, a price-to-earnings ratio of -1.58 and a beta of 0.12.

About Aterian

(Get Free Report)

Aterian plc is an LSE-listed exploration and development company with a diversified African portfolio of critical and strategic metals/minerals projects.

Aterian plc is actively seeking to acquire and develop new critical and strategic metal resources to strengthen its existing asset base whilst supporting ethical and sustainable supply chains as the world transitions to a sustainable, renewable future. The supply of these metals is vital for the development of the renewable energy, automotive and electronic manufacturing sectors that are playing an increasing role in reducing carbon emissions and meeting climate ambitions globally.

The Company recently entered into a joint venture agreement with Rio Tinto Mining and Exploration Limited for Rio Tinto to earn into the HCK project in southern Rwanda and holds two further partnerships in Rwanda exploring and developing lithium-tantalum-niobium-tin mining operations.

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