Capital Metals plc (LON:CMET – Get Free Report) shares were up 22.1% during trading on Friday . The stock traded as high as GBX 5.80 and last traded at GBX 5.80. Approximately 2,015,498 shares changed hands during trading, an increase of 238% from the average daily volume of 595,987 shares. The stock had previously closed at GBX 4.75.
Capital Metals Stock Performance
The business has a 50-day simple moving average of GBX 4.25 and a two-hundred day simple moving average of GBX 3.40. The company has a market capitalization of £27.05 million, a price-to-earnings ratio of -34.38 and a beta of 0.51.
Capital Metals Company Profile
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.
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