Shares of Capital Metals plc (LON:CMET – Get Free Report) fell 1.7% during mid-day trading on Thursday . The company traded as low as GBX 5.16 and last traded at GBX 5.16. 3,142,910 shares changed hands during trading, an increase of 244% from the average session volume of 912,675 shares. The stock had previously closed at GBX 5.25.
Capital Metals Price Performance
The stock’s fifty day moving average price is GBX 5.01 and its 200-day moving average price is GBX 4.83. The firm has a market cap of £25.39 million, a price-to-earnings ratio of -21.86 and a beta of 0.66.
About Capital Metals
Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Taprobane Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential.
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