Capital Metals (LON:CMET) Hits New 1-Year Low – Here’s What Happened

Capital Metals plc (LON:CMET – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 3.50 and last traded at GBX 3.64, with a volume of 14,182 shares traded. The stock had previously closed at GBX 3.65.

Capital Metals Price Performance

The company has a market cap of £17.24 million, a P/E ratio of -13.83 and a beta of 0.57. The stock has a 50-day moving average of GBX 3.76 and a 200 day moving average of GBX 4.54.

About Capital Metals

(Get Free Report)

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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