Capital Metals (LON:CMET) Hits New 52-Week High – Here’s Why

Shares of Capital Metals plc (LON:CMETGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 5.90 and last traded at GBX 5.75, with a volume of 6392386 shares. The stock had previously closed at GBX 5.65.

Capital Metals Price Performance

The stock’s 50 day simple moving average is GBX 4.50 and its two-hundred day simple moving average is GBX 3.52. The stock has a market cap of £28.28 million, a P/E ratio of -35.94 and a beta of 0.51.

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.

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