Podium Minerals (ASX:POD) Shares Down 34.7%

Podium Minerals Ltd (ASX:POD)’s stock price traded down 34.7% during mid-day trading on Thursday . The company traded as low as A$0.05 ($0.03) and last traded at A$0.05 ($0.03), 10,328 shares traded hands during mid-day trading. The stock had previously closed at A$0.07 ($0.05).

The company has a current ratio of 8.37, a quick ratio of 2.28 and a debt-to-equity ratio of 2.20. The company has a 50 day simple moving average of A$0.08. The company has a market cap of $4.78 million and a price-to-earnings ratio of -2.00.

Podium Minerals Company Profile (ASX:POD)

Podium Minerals Limited operates as an exploration and resources development company. It primarily explores for platinum group metals (PGM); and nickel, copper sulphide, and gold deposits. The company's principal projects are located within its mining leases covering an area of 77km2 over the Weld Range Complex (WRC) located in the Mid-West region of Western Australia.

Further Reading: How interest rates affect municipal bond prices

Receive News & Ratings for Podium Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Podium Minerals and related companies with MarketBeat.com's FREE daily email newsletter.