First Tin (LON:1SN) Reaches New 1-Year High – What’s Next?

First Tin Plc (LON:1SN)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 7.70 ($0.10) and last traded at GBX 7.28 ($0.09), with a volume of 15796 shares changing hands. The stock had previously closed at GBX 7.28 ($0.09).

First Tin Trading Up 0.3 %

The firm’s fifty day moving average price is GBX 6.71 and its 200-day moving average price is GBX 5.90. The firm has a market cap of £23.57 million, a price-to-earnings ratio of -726.60 and a beta of 1.41.

Insider Activity

In other First Tin news, insider Charles Cannon Brookes purchased 360,000 shares of First Tin stock in a transaction that occurred on Monday, August 12th. The stock was purchased at an average price of GBX 5 ($0.07) per share, for a total transaction of £18,000 ($23,504.83). In the last quarter, insiders purchased 1,960,000 shares of company stock worth $357,200,000. Corporate insiders own 49.83% of the company’s stock.

First Tin Company Profile

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.