Capital Metals plc (LON:CMET – Get Free Report) shares fell 5.3% during mid-day trading on Wednesday . The stock traded as low as GBX 4.50 and last traded at GBX 4.50. 1,547,758 shares traded hands during trading, an increase of 114% from the average session volume of 724,568 shares. The stock had previously closed at GBX 4.75.
Capital Metals Stock Performance
The stock has a fifty day moving average of GBX 4.97 and a 200 day moving average of GBX 4.88. The company has a market capitalization of £23.19 million, a PE ratio of -19.96 and a beta of 0.64.
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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