First Class Metals (LON:FCM) Issues Earnings Results

First Class Metals (LON:FCM) posted its quarterly earnings results on Tuesday. The company reported GBX (0.37) earnings per share for the quarter, Digital Look Earnings reports.

First Class Metals Stock Performance

Shares of FCM stock traded down GBX 0.10 during trading on Tuesday, hitting GBX 2.60. The company had a trading volume of 2,230,555 shares, compared to its average volume of 6,976,875. The firm has a market capitalization of £11.03 million, a P/E ratio of -4.26 and a beta of 0.02. First Class Metals has a one year low of GBX 0.96 and a one year high of GBX 4.85. The stock’s 50-day moving average price is GBX 2.78 and its 200 day moving average price is GBX 2.64.

Insiders Place Their Bets

In other First Class Metals news, insider James Knowles sold 470,648 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of GBX 3, for a total value of £14,119.44. 5.41% of the stock is owned by corporate insiders.

First Class Metals Company Profile

First Class Metals PLC achieved a Standard Listing on The London Stock Exchange in late July 2022 and has remained focused on advancing its highly prospective properties for base (battery) and precious metals in the province of Ontario, Canada with the aim of bringing them to a ‘drill ready status’.

Held through its subsidiary, First Class Metals Canada Inc, seven 100%-owned properties are located within the highly mineralised and prospective Hemlo Greenstone Belt and the named extensions east and west.