First Class Metals (LON:FCM) Posts Quarterly Earnings Results

First Class Metals (LON:FCM) announced its quarterly earnings results on Friday. The company reported GBX (0.61) earnings per share for the quarter, Digital Look Earnings reports.

First Class Metals Stock Performance

First Class Metals stock traded up GBX 0.15 during midday trading on Friday, hitting GBX 1.90. 6,262,094 shares of the company’s stock were exchanged, compared to its average volume of 7,248,208. First Class Metals has a 52-week low of GBX 0.96 and a 52-week high of GBX 3.60. The stock has a 50-day moving average price of GBX 1.62 and a two-hundred day moving average price of GBX 1.97. The company has a market cap of £6.16 million, a P/E ratio of -1.37 and a beta of 1.39.

First Class Metals Company Profile

First Class Metals PLC achieved a Standard Listing on The London Stock Exchange in late July 2022 and has remained focused on advancing its highly prospective properties for base (battery) and precious metals in the province of Ontario, Canada with the aim of bringing them to a ‘drill ready status’.

Held through its subsidiary, First Class Metals Canada Inc, seven 100%-owned properties are located within the highly mineralised and prospective Hemlo Greenstone Belt and the named extensions east and west.