London Stock Exchange · Basic Materials
Invest in Sovereign Metals stock from India
Indian and foreign residents can buy Sovereign Metals (SVML) shares directly through Paasa.
By Paasa · Updated
Sovereign Metals at a glance
- Price
- £0.26-£0.00 (1.71%)
- Market cap
- £169.24M
- Day range
- £0.25 – £0.26
- P/E
- -12.03
- Dividend yield
- None
- Volume
- 779.37K
- 1 month
- -9.47%
- 6 months
- -25.22%
- YTD
- -9.47%
- 1 year
- -26.29%
- 5 years
- -18.10%
Sovereign Metals statements, FY2022–FY2026
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | A$0.0 | A$0.0 | A$0.0 | A$0.0 | A$0.0 |
| Gross profit | −A$369.6K | −A$302.1K | −A$157.7K | −A$93.7K | −A$104.4K |
| Operating income | −A$28.4M | −A$42.0M | −A$20.6M | −A$15.7M | −A$13.7M |
| Net income | −A$27.0M | −A$40.4M | −A$18.6M | −A$5.8M | −A$13.7M |
| Earnings per share | −A$0.04 | −A$0.07 | −A$0.03 | −A$0.01 | −A$0.03 |
| EBITDA | −A$28.0M | −A$40.1M | −A$20.4M | −A$15.6M | −A$13.6M |
| Total assets | A$32.6M | A$63.4M | A$38.7M | A$11.9M | A$27.1M |
| Total debt | A$44.6K | A$89.7K | A$121.7K | A$0.0 | A$0.0 |
| Cash and short-term investments | A$25.3M | A$54.5M | A$31.6M | A$6.0M | A$18.9M |
| Shareholders' equity | A$29.5M | A$55.4M | A$34.4M | A$9.7M | A$25.2M |
| Operating cash flow | −A$30.4M | −A$32.9M | −A$13.5M | −A$12.8M | −A$10.0M |
| Free cash flow | −A$30.7M | −A$33.9M | −A$14.4M | −A$12.9M | −A$10.3M |
| Capital expenditure | −A$289.8K | −A$1.0M | −A$836.3K | −A$80.5K | −A$313.4K |
Fiscal years as reported, the latest ending 30 Jun 2026. Figures in AUD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Ecora Royalties | ECOR.L | £1.68 | £41.81B |
| Guardian Metal Resources | GMET.L | £1.55 | £30.10B |
| Capital | CAPD.L | £1.20 | £27.08B |
| Sylvania Platinum | SLP.L | £0.98 | £25.36B |
| James Latham | LTHM.L | £10.55 | £21.27B |
| Serabi Gold | SRB.L | £2.54 | £19.38B |
| Kore Potash | KP2.L | £0.04 | £19.15B |
| Rainbow Rare Earths | RBW.L | £0.24 | £16.79B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Sovereign Metals from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search SVML and buy
Find Sovereign Metals by name or by its ticker, SVML, and place your order.
Why invest in Sovereign Metals from India
What Sovereign Metals does
Operating in Malawi, Sovereign Metals Limited, along with its group of companies, focuses on the entire process of mineral resource projects, encompassing discovery, exploration, advancement, and evaluation. The Kasiya rutile deposit, also situated in Malawi, stands as the company's most significant undertaking. Sovereign Metals operates in the Other Precious Metals industry within the Basic Materials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Sovereign Metals stock from India?
Yes. Indian residents and NRIs can buy Sovereign Metals (SVML) shares directly through Paasa. Sovereign Metals is listed on the London Stock Exchange, in the Other Precious Metals industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Sovereign Metals dividends taxed for Indian investors?
Sovereign Metals trades on the London Stock Exchange but is domiciled in Australia, so any withholding on its dividends follows that country's rules rather than those of the UK. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Sovereign Metals shares?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Is there stamp duty when I buy Sovereign Metals shares?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.