First Tin (LON:1SN) Issues Earnings Results

First Tin (LON:1SN) released its earnings results on Wednesday. The company reported GBX (0.15) EPS for the quarter, Digital Look Earnings reports.

First Tin Price Performance

Shares of LON 1SN traded up GBX 0.10 during trading hours on Wednesday, reaching GBX 16.10. The stock had a trading volume of 591,624 shares, compared to its average volume of 1,442,290. The company has a market cap of £87.21 million, a price-to-earnings ratio of -41.27 and a beta of 1.41. First Tin has a twelve month low of GBX 4.56 and a twelve month high of GBX 19. The business’s fifty day moving average is GBX 13.76 and its two-hundred day moving average is GBX 9.55.

Insider Activity at First Tin

In other news, insider Brett Smith purchased 27,142,856 shares of First Tin stock in a transaction that occurred on Monday, December 15th. The stock was acquired at an average cost of GBX 7 per share, for a total transaction of £1,899,999.92. Also, insider Charles Cannon Brookes bought 4,289,286 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were bought at an average cost of GBX 7 per share, for a total transaction of £300,250.02. Over the last three months, insiders bought 31,860,713 shares of company stock valued at $223,024,991. 14.02% of the stock is owned by corporate insiders.

About First Tin

First Tin is an ethical, reliable and sustainable tin development company with advanced, low capex projects in Germany and Australia, led by a team of renowned tin specialists. The Company is focused on becoming a tin supplier in conflict-free, low political risk jurisdictions through the rapid development of high value, low capex tin assets in Germany and Australia.

First Tin’s goal is to use best-in-class environmental standards to bring two tin mines into production in three years, providing provenance of supply to support the current global clean energy and technological revolutions, for which tin is critical.