PVH Corp. Stock Outperforms Market Despite Losses On The Day

Sovereign Metals Ltd

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Based in Australia

Company profile

Sovereign Metals Limited is an Australia-based company focused on the development of its Kasiya rutile project (Kasiya) in Malawi. Kasiya, located in central Malawi, is the natural rutile deposit and the flake graphite deposits in the world. The Company focuses on its flagship Kasiya Project while retaining exposure to graphite through the Kasiya co-product. It focuses on developing a sustainable operation to supply natural rutile and graphite to global markets. Kasiya’s Mineral Resource Estimate (MRE) is 1.8Bt at 1.01% 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 180 square kilometers. Kasiya’s graphite by-product Mineral Resource Estimate (MRE) is 1.8 Bt at 1.32% graphite, containing over 23 Mt of graphite. Malawi & Infrastructure is a rutile province located in Malawi.

PVH Corp. Stock Outperforms Market Despite Losses On The Day

5:20 pm ET March 1, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PVH Corp. (PVH) slumped 0.05% to $80.20 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. PVH Corp. closed $14.67 short of its 52-week high ($94.87), which the company achieved on March 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as VF Corp. (VFC) rose 1.09% to $25.09, Bath & Body Works Inc. (BBWI) fell 3.57% to $39.41, and Under Armour Inc. Cl C (UAA) fell 1.25% to $8.69. Trading volume (746,162) remained 199,889 below its 50-day average volume of 946,051.

Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.

(END) Dow Jones Newswires

March 01, 2023 17:20 ET (22:20 GMT)