First Tin (LON:1SN) Stock Price Down 3.8% – Here’s What Happened

First Tin Plc (LON:1SN) fell 3.8% during trading on Thursday . The stock traded as low as GBX 5.10 ($0.06) and last traded at GBX 5.10 ($0.06). 30,000 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 68,179 shares. The stock had previously closed at GBX 5.30 ($0.06).

First Tin Stock Up 0.1 %

The company has a market cap of £16.90 million, a PE ratio of -530.50 and a beta of 1.41. The company’s fifty day moving average is GBX 5.72 and its 200-day moving average is GBX 5.99.

Insider Buying and Selling

In related news, insider Bill Scotting purchased 333,333 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was acquired at an average price of GBX 6 ($0.07) per share, with a total value of £19,999.98 ($24,420.00). 49.83% of the stock is currently owned by corporate insiders.

First Tin Company Profile

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.