Capital Metals (LON:CMET) Shares Up 7% – Here’s Why

Capital Metals plc (LON:CMETGet Free Report) shot up 7% on Monday . The stock traded as high as GBX 5.90 and last traded at GBX 5.63. 2,383,579 shares were traded during trading, an increase of 285% from the average session volume of 618,533 shares. The stock had previously closed at GBX 5.26.

Capital Metals Price Performance

The firm has a fifty day simple moving average of GBX 4.54 and a two-hundred day simple moving average of GBX 3.54. The firm has a market capitalization of £27.54 million, a P/E ratio of -35.00 and a beta of 0.51.

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.

Further Reading

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