Capital Metals plc (LON:CMET – Get Free Report)’s share price was up 5% during trading on Thursday . The stock traded as high as GBX 4.50 and last traded at GBX 4.20. 99,605 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 672,714 shares. The stock had previously closed at GBX 4.
Capital Metals Stock Performance
The firm has a market cap of £22.15 million, a price-to-earnings ratio of -19.07 and a beta of 0.64. The business’s 50 day moving average price is GBX 4.80 and its 200 day moving average price is GBX 4.89.
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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