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.

Closing Price
$0.29
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Heavy Day)
Volume:
10,000

10-day average volume:
10,000
10,000

Analog Devices Inc. Stock Outperforms Market On Strong Trading Day

4:34 pm ET March 8, 2023 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Analog Devices Inc. (ADI) inched 0.88% higher to $186.57 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. The stock's rise snapped a two-day losing streak. Analog Devices Inc. closed $9.84 short of its 52-week high ($196.41), which the company achieved on February 15th.

The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. (AVGO) rose 1.14% to $632.26, Texas Instruments Inc. (TXN) rose 2.42% to $176.22, and KLA Corp. (KLAC) rose 3.20% to $387.41. Trading volume (3.2 M) remained 77,669 below its 50-day average volume of 3.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.

	

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

	

(END) Dow Jones Newswires

March 08, 2023 16:34 ET (21:34 GMT)

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