First Tin (LON:1SN) Shares Down 1.3% – Here’s What Happened

First Tin Plc (LON:1SN)’s share price traded down 1.3% on Friday . The company traded as low as GBX 11.50 and last traded at GBX 11.60. 806,866 shares were traded during trading, an increase of 34% from the average daily volume of 604,055 shares. The stock had previously closed at GBX 11.75.

First Tin Stock Performance

The firm has a market cap of £62.86 million, a price-to-earnings ratio of -42.96 and a beta of 1.41. The firm’s 50 day moving average is GBX 11.14 and its 200-day moving average is GBX 12.51.

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.