Capital Metals plc (LON:CMET – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as GBX 3.50 and last traded at GBX 3.68, with a volume of 5,875,297 shares trading hands. The stock had previously closed at GBX 3.70.
Capital Metals Price Performance
The firm has a market cap of £18.23 million, a PE ratio of -14.62 and a beta of 0.57. The stock’s fifty day simple moving average is GBX 3.88 and its 200-day simple moving average is GBX 4.55.
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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