Capital Metals plc (LON:CMET – Get Free Report) traded up 5% on Thursday . The company traded as high as GBX 4.50 and last traded at GBX 4.20. Approximately 99,605 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 672,714 shares. The stock had previously closed at GBX 4.
Capital Metals Price Performance
The firm has a market cap of £20.33 million, a price-to-earnings ratio of -17.50 and a beta of 0.64. The stock has a 50-day moving average of GBX 4.78 and a 200-day moving average of GBX 4.88.
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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