Insider Selling: First Class Metals (LON:FCM) Insider Sells £14,119.44 in Stock

First Class Metals PLC (LON:FCM) insider James Knowles sold 470,648 shares of the company’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of GBX 3, for a total transaction of £14,119.44.

James Knowles also recently made the following trade(s):

• On Wednesday, July 8th, James Knowles acquired 467,962 shares of First Class Metals stock. The shares were acquired at an average price of GBX 3 per share, for a total transaction of £14,038.86.
• On Wednesday, July 8th, James Knowles bought 390,734 shares of First Class Metals stock. The stock was acquired at an average cost of GBX 3 per share, for a total transaction of £11,722.02.
• On Wednesday, July 8th, James Knowles sold 394,165 shares of First Class Metals stock. The shares were sold at an average price of GBX 3, for a total value of £11,824.95.

First Class Metals Stock Performance

Shares of FCM stock traded up GBX 0.27 during mid-day trading on Thursday, reaching GBX 2.73. 7,205,087 shares of the company were exchanged, compared to its average volume of 8,312,808. The business’s 50 day simple moving average is GBX 3.07 and its 200 day simple moving average is GBX 2.23. The company has a market capitalization of £11.57 million, a P/E ratio of -4.47 and a beta of 0.02. First Class Metals PLC has a fifty-two week low of GBX 0.96 and a fifty-two week high of GBX 4.85.

First Class Metals (LON:FCM) last posted its quarterly earnings results on Friday, May 1st. The company reported GBX (0.61) earnings per share (EPS) for the quarter.

About First Class Metals

First Class Metals PLC achieved a Standard Listing on The London Stock Exchange in late July 2022 and has remained focused on advancing its highly prospective properties for base (battery) and precious metals in the province of Ontario, Canada with the aim of bringing them to a ‘drill ready status’.

Held through its subsidiary, First Class Metals Canada Inc, seven 100%-owned properties are located within the highly mineralised and prospective Hemlo Greenstone Belt and the named extensions east and west.