Cornish Metals (LON:CUSN) Trading 1.1% Higher – Should You Buy?

Cornish Metals Inc. (LON:CUSNGet Free Report)’s stock price rose 1.1% during mid-day trading on Wednesday . The stock traded as high as GBX 8.80 ($0.11) and last traded at GBX 8.80 ($0.11). Approximately 249,885 shares were traded during trading, a decline of 70% from the average daily volume of 836,113 shares. The stock had previously closed at GBX 8.70 ($0.11).

Cornish Metals Trading Down 1.7 %

The firm has a market capitalization of £48.95 million, a P/E ratio of 1,150.00 and a beta of 2.48. The business has a 50-day moving average of GBX 8.52 and a 200 day moving average of GBX 7.20.

Cornish Metals Company Profile

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Cornish Metals Inc engages in the acquisition, evaluation, exploration, and development of mineral properties in the United Kingdom. The company primarily explores for tin, tungsten, zinc, silver, nickel, lithium, and copper deposits. Its flagship projects are the South Crofty project comprising an underground mine permission area that covers 1,490 hectares located in the Central Mining District of Cornwall, the United Kingdom.

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