Insider Selling: First Class Metals (LON:FCM) Insider Sells £14,119.44 in Stock

First Class Metals PLC (LON:FCM) insider James Knowles sold 470,648 shares of the business’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of GBX 3, for a total value of £14,119.44.

James Knowles also recently made the following trade(s):

• On Wednesday, July 8th, James Knowles acquired 467,962 shares of First Class Metals stock. The shares were bought at an average price of GBX 3 per share, with a total value of £14,038.86.
• On Wednesday, July 8th, James Knowles bought 390,734 shares of First Class Metals stock. The stock was purchased at an average cost of GBX 3 per share, with a total value of £11,722.02.
• On Wednesday, July 8th, James Knowles sold 394,165 shares of First Class Metals stock. The shares were sold at an average price of GBX 3, for a total transaction of £11,824.95.

First Class Metals Price Performance

LON:FCM traded up GBX 0.27 on Thursday, reaching GBX 2.73. The stock had a trading volume of 7,205,087 shares, compared to its average volume of 8,312,808. First Class Metals PLC has a 12-month low of GBX 0.96 and a 12-month high of GBX 4.85. The company has a market cap of £11.57 million, a price-to-earnings ratio of -4.47 and a beta of 0.02. The firm’s fifty day moving average is GBX 3.07 and its two-hundred day moving average is GBX 2.23.

First Class Metals (LON:FCM) last issued its quarterly earnings results on Friday, May 1st. The company reported GBX (0.61) EPS for the quarter.

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.