First Tin Plc (LON:1SN – Get Free Report) was down 3.7% during trading on Friday . The stock traded as low as GBX 5.85 ($0.07) and last traded at GBX 5.90 ($0.07). Approximately 583,337 shares changed hands during trading, an increase of 125% from the average daily volume of 259,788 shares. The stock had previously closed at GBX 6.13 ($0.08).
First Tin Trading Down 3.7 %
The company has a market cap of £15.67 million, a price-to-earnings ratio of -590.00 and a beta of 1.32. The firm’s fifty day simple moving average is GBX 5.79 and its 200 day simple moving average is GBX 5.01.
Insider Activity
In related news, insider Charles Cannon Brookes bought 1,450,000 shares of the stock in a transaction dated Thursday, May 2nd. The stock was acquired at an average price of GBX 675 ($8.58) per share, for a total transaction of £9,787,500 ($12,439,628.88). Company insiders own 61.35% of the company’s stock.
About First Tin
First Tin Plc engages in the mining and development of tin in Germany and Australia. Its flagship assets include the Tellerhäuser Project in Saxony, Germany; and the Taronga Project in New South Wales, Australia. First Tin Plc was incorporated in 2012 and is based in London, the United Kingdom.
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