Capital Metals plc (LON:CMET – Get Free Report)’s share price traded up 15.5% on Wednesday . The stock traded as high as GBX 5.37 and last traded at GBX 5.37. 1,244,214 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 1,671,790 shares. The stock had previously closed at GBX 4.65.
Capital Metals Trading Down 2.9%
The stock has a market cap of £25.09 million, a PE ratio of -21.61 and a beta of 0.51. The business has a 50 day moving average of GBX 4.49 and a 200-day moving average of GBX 4.25.
Capital Metals (LON:CMET – Get Free Report) last posted its quarterly earnings data on Thursday, December 18th. The company reported GBX (0.14) earnings per share for the quarter.
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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