Shares of Capital Metals plc (LON:CMET – Get Free Report) hit a new 52-week low during trading on Thursday. The company traded as low as GBX 3.50 and last traded at GBX 3.75, with a volume of 166,412 shares traded. The stock had previously closed at GBX 3.75.
Capital Metals Price Performance
The firm’s 50 day moving average price is GBX 3.92 and its 200-day moving average price is GBX 4.58. The firm has a market cap of £18.23 million, a price-to-earnings ratio of -14.62 and a beta of 0.57.
About Capital Metals
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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