Capital Metals plc (LON:CMET – Get Free Report) rose 4.1% on Tuesday . The company traded as high as GBX 5.10 and last traded at GBX 5.10. Approximately 20,373 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 785,195 shares. The stock had previously closed at GBX 4.90.
Capital Metals Stock Performance
The stock has a market capitalization of £25.10 million, a price-to-earnings ratio of -21.61 and a beta of 0.66. The company has a fifty day simple moving average of GBX 5.05 and a 200 day simple moving average of GBX 4.83.
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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