Capital Metals (LON:CMET) Stock Price Down 12.8% – Here’s What Happened

Capital Metals plc (LON:CMETGet Free Report) shares fell 12.8% during mid-day trading on Thursday . The company traded as low as GBX 4.14 ($0.06) and last traded at GBX 4.14 ($0.06). 1,109,278 shares changed hands during trading, an increase of 93% from the average session volume of 574,168 shares. The stock had previously closed at GBX 4.75 ($0.06).

Capital Metals Stock Up 0.4%

The stock has a market cap of £20.21 million, a price-to-earnings ratio of -25.72 and a beta of 0.51. The business has a 50-day moving average of GBX 3.93 and a 200-day moving average of GBX 3.25.

Capital Metals Company Profile

(Get Free Report)

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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