Capital Metals plc (LON:CMET – Get Free Report) shares were down 1.7% during mid-day trading on Friday . The company traded as low as GBX 3.82 and last traded at GBX 3.93. Approximately 68,683 shares changed hands during trading, a decline of 89% from the average session volume of 630,471 shares. The stock had previously closed at GBX 4.
Capital Metals Stock Down 1.7%
The stock has a fifty day moving average of GBX 4.48 and a 200-day moving average of GBX 4.83. The stock has a market cap of £19.35 million, a PE ratio of -16.66 and a beta of 0.57.
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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