Shares of Future Metals NL (LON:FME – Get Free Report) fell 10.2% during mid-day trading on Monday . The company traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02). 1,483,826 shares traded hands during mid-day trading, an increase of 172% from the average session volume of 544,801 shares. The stock had previously closed at GBX 1.45 ($0.02).
Future Metals Price Performance
The company’s fifty day simple moving average is GBX 1.12 and its two-hundred day simple moving average is GBX 0.82. The company has a market capitalization of £12.46 million, a price-to-earnings ratio of -3.25 and a beta of 1.26.
About Future Metals
The 100% owned Panton PGM-Ni Project is located 60kms north of the town of Halls Creek in the eastern Kimberly region of Western Australia, a tier one mining jurisdiction.
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