Capital Metals plc (LON:CMET – Get Free Report)’s stock price shot up 22.1% during mid-day trading on Friday . The company traded as high as GBX 5.80 and last traded at GBX 5.80. 2,015,498 shares traded hands during trading, an increase of 238% from the average session volume of 595,987 shares. The stock had previously closed at GBX 4.75.
Capital Metals Stock Up 15.8%
The stock has a market capitalization of £27.05 million, a P/E ratio of -34.38 and a beta of 0.51. The firm’s 50-day simple moving average is GBX 4.21 and its 200 day simple moving average is GBX 3.38.
Capital Metals Company Profile
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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